Vladimir Putin has met with Narendra Modi, the Indian Prime Minister at the BRICS Summit in Kazan. This is what they had to say: Putin: “I am delighted to welcome you to Russia, this time to Kazan, a magnificent historical city on the Volga. I warmly remember your visit to Moscow and our fruitful talks […]
BRICS, Russia, and India: 2024 Developments and Implications Read More »
Vladimir Putin has met with Cyril Ramaphosa, the President of South Africa at the BRICS Summit in Kazan. This is what they had to say: Putin: “We are delighted to welcome you all to Kazan, Russia. We are grateful for your decision to take part in the BRICS Summit. This year, Russia assumed the BRICS
BRICS, Russia, and South Africa: 2024 Developments and Implications Read More »
Chinese and Vietnamese banks are interested in expanding into and opening branches in Russia, according to Anatoly Aksakov, the Chairman of the State Duma’s Financial Market Committee. Aksakov is also the head of the Association of Banks of Russia’s council. He said “Several credit organizations from China, not the top tier or largest ones, are
Chinese and Vietnamese Banks Interested In Opening Branches In Russia Read More »
Russia has been buying millions of eels from the UK’s only eel supplier, according to a report in the Guardian newspaper. It is a bilateral trade that raises almost as many questions as the surprising nature of the trade itself. The European eel (Anguilla anguilla) is a protected, red-listed species, with the number of elvers
Russia’s Unusual, British, Slippery, and Fishy Bilateral Eel Trade Read More »
The Secretary-General of the United Nations (UN), Antonio Guterres, is to attend the 2024 BRICS Heads of State summit, which kicks off today (October 22) in Kazan, Russia. The UN is an official observer to the group, however Guterres personal participation sends a strong signal that the BRICS is very much now part of what
UN Secretary-General To Attend BRICS Summit As A Powerful Multipolar Group Emerges Read More »
Yevgeny Pakhomov, Russia’s deputy director of the international cooperation and foreign trade licensing department at the Ministry of Industry and Trade has said that Russia is interested in creating industrial “points of presence” in Turkey to develop exports and cooperation. He said “We don’t regard points as just manufacturing facilities themselves, but also the creation
The Russian President, Vladimir Putin, is meeting with the President of the United Arab Emirates (UAE), Mohamed bin Zayed Al Nahyan in Moscow for official discussions ahead of the upcoming BRICS summit. The UAE joined the BRICS bloc in January. The Kremlin has said that the Presidents will talk about the current situation and prospects
Russia is suggesting to fellow BRICS countries that the organisation establishes a grain exchange system, a proposal that would give Moscow greater control over international prices for its agricultural exports. Frustrated by low global wheat prices, Russia, the world’s largest wheat exporter, has attempted to limit exports at low prices through international intermediaries. Moscow recommended
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One of the many criticisms of the manner in which Brussels has managed its sanctions policy against Russia has been the knock-on effect it has had on third party countries. This has actively damaged the European Union’s credibility in the eyes of numerous countries, many of them in the global south. An example is a
The BRICS Pay system has been launched, with immediate implications for the future role of the US dollar, and the use of financial sanctions upon other countries. The system bypasses the US controlled SWIFT payments system, disregards the US dollar as a preferred currency and allows instant settlement in sovereign currencies instead. It is likely
BRICS Pay Launches, Will Be A Global Payments Game Changer Read More »
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