BRICS leaders are meeting in Brazil for a two-day summit. But China's Xi Jinping and Russia's Vladimir Putin are skipping the gathering.

Leaders of the BRICS group of major emerging economies are meeting in the Brazilian metropolis of Rio de Janeiro on Sunday for a two-day summit. The BRICS acronym is derived from the initial letters of the founding member countries: Brazil,

RIO DE JANEIRO (Reuters) -Diplomats from the BRICS group of developing nations have agreed on a joint declaration of their leaders at a summit in Rio de Janeiro this week, three people familiar with the talks said on Saturday.