Monday, April 21, 2014

How Obama lost friends and influence in the Brics

The president’s real pivot is not to Asia but to America, inspired by domestic sentiment - FT

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When Barack Obama took office, he pledged a new overture to the world’s emerging powers. Today each of the Brics – Brazil, Russia, India, China and South Africa – is at loggerheads with America, or worse. Last month four of the five abstained in a UN vote condemning the fifth’s annexation of Crimea. Next month India is likely to elect as its new leader Narendra Modi, who says he has “no interest in visiting America other than to attend the UN in New York”. As the world’s largest democracy, and America’s most natural ally among the emerging powers, India’s is a troubling weathervane. How on earth did Mr Obama lose the Brics?