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September 5, 2026

What Russia Gained From The 2026 SCO Summit: Results & Analysis

The Shanghai Cooperation Organisation annual Heads of State summit has now ended, with a major emphasis on trade development. We provide a deep-dive analysis on the 29 agreements signed, including in the security, AI, energy, environment, trade, tourism, diplomatic relations and the SCO’s institutional development sectors. With the SCO possessing nearly a third of global GDP and 50% of the world’s population, this report will be of significant interest to anyone involved in Eurasian affairs.

September 4, 2026

VTB Launches QR Code Payments System In Indonesia and The Philippines

Russia’s VTB bank has launched its QR code payment service to Indonesia and the Philippines. Both are increasingly popular with Russian tourists, with the system avoiding Western payment mechanisms with direct debit from Russian clients’ ruble bank accounts at the prevailing exchange rate from the relevant local store in rupiah or pesos. There is no commission on the transaction.

September 4, 2026

Aeroflot Buys In-Flight Catering Business From Lufthansa

Aeroflot have purchased the 49% stake in Russia’s largest in-flight catering company, Aeromar, from Germany’s Lufthansa. The deal is noteworthy as Aeroflot is sanctioned, while Aeromar’s recent performance saw it make losses. Aeroflot will be expected to turn the business around and back into profitability under all Russian investment and management. Aeroflot’s international passenger flight capacity increased by 8.9% in Q1 this year.

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