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US foreign policy under President Donald Trump is driving a historic shift from a multilateral world order to a fragmented, transactional, and regionalized landscape. This new 'Trumpism' challenges foundational assumptions of global governance while redefining how a superpower projects strength. The result is a volatile international system with uncertain institutions, shifting alliances, and a contested multipolar equilibrium.
Leaders of the SCO, including Xi Jinping, Vladimir Putin, and Narendra Modi, gathered in Bishkek for their annual summit, focusing on global instability from conflicts and trade disruptions. Discussions centered on the U.S.-Israeli war against Iran, the Russia-Ukraine conflict, and regional connectivity, despite internal differences within the group.
Iranian President Masoud Pezeshkian called on BRICS to shift from dialogue to concrete action, emphasizing the need to implement policy commitments. He stressed the importance of local currency payment mechanisms to boost trade and reduce risks. The call reflects the expectations of new members like Iran for clearer operational frameworks.
At the BRICS summit in Kazan, leaders called for stronger protection of member states from unilateral sanctions and a push for a more just multipolar world. The bloc, representing a significant share of the global population and GDP, seeks alternatives to Western-led financial systems.
