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Update: BRICS countries hold annual summit in Brazil

The countries represent 40% of the world's population and a third of global output

The countries - Brazil, Russia, India, China and South Africa - represent 40% of the world's population and a third of global output. Brazilian president Jair Bolsonaro praised the 'memorandum of understanding' between the nations, but what else was on the conference agenda? We speak to Oliver Stuekel, assistant professor of international relations at the Getúlio Vargas Foundation in São Paulo.
And Susan Schmidt of Aviva Investors in Chicago brings us up to date with the day's activity on Wall Street.

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