Russia
Malaysia seeks BRICS membership
Malaysia is aiming to become the latest member of the BRICS bloc, which was originally formed by Brazil, Russia, India, China, and South Africa
Russia, Iran trade in national currencies reaches 96% of mutual settlements
Russia and Iran have shifted to using national currencies for over 96% of their mutual settlements, while bilateral trade increased by 12.4% in 2024.
OPINION: BRICS’ path to expansion
34 countries have already submitted their applications to join BRICS, as recent geopolitical shifts have led to a realignment in global politics.
Can the BRICS beat the G7?
Leaders of the Global South will flock to Kazan, the capital of Tatarstan, on October 22 for this year’s BRICS summit hosted by Russia, where they hope to thrash out some more details of the new non-aligned global order.
Nebius Group announces planned resumption of trading on Nasdaq
Tech firm to resume trading on Nasdaq after spinning off from Russia's Yandex.
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EC says Europe ready for cut-off of Russian gas transit through Ukraine
European Commissioner Kadri Simson said this week that the European Union is ready for the gas transit agreement between Ukraine’s Naftogaz and Russia’s Gazprom to expire at the end of this year.
Russia’s real estate market rocked by the end of generous mortgage subsidies
Russia’s real estate market is being rocked by the end of the generous mortgage subsidy programme that has been running for years and was used by the Kremlin to stimulate the economy since the start of the sanctions regime.
Half the world’s food production at risk due to mounting water crisis
More than half of the world’s food production is at risk of failure within the next 25 years as a rapidly worsening water crisis threatens global agricultural systems, according to a new report.
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Russia turns to Kazakh airlines to help keep domestic aviation in sky
With Russian civilian air fleet thinning out in face of sanctions, Moscow exploring whether southern neighbour could lay on flights.
BRICS members hoping to develop a digital "BRICS Pay" cryptocurrency international trade system
One of the biggest questions that the BRICS members will discuss at the summit will be setting up an inter=BRICS payment system to by-pass the dollar. The US decision to weaponise the dollar has unsettled Central Bankers around the world.
KYIV BLOG: The West has betrayed Ukraine
Ukrainian President Volodymyr Zelenskiy gave some of the details of his five-point victory plan yesterday to MPs of the Rada. The plan is a non-starter as Ukraine will get none of the items on Zelenskiy's list, reneging on a promise to support it.
Brazil cautiously spearheads BRICS push for national currency trade
Brazil is taking a leading role in efforts to reduce the BRICS economic bloc's dependence on the US dollar, championing the use of national currencies in trade among member states.
Central and Southeastern Europe defies German economic weakness
The wiiw autumn forecast warns that not all of the recession in the German automotive industry has so far been felt in Central Europe and further difficulties should be expected.
Kazakhstan has no plans to join BRICS, says Astana
Position not likely to change in foreseeable future, president’s spokesman makes clear ahead of 16th summit of Putin-backed group in Russia.
MOSCOW BLOG: Elon Musk’s Starlink is helping Russia thanks to technology export daisy chains
This is embarrassing: Russians have got their hands on Starlink and it is helping them to improve their position on the battlefield.
Tajikistan’s “radioactive” city Istiqlol set for decontamination work 75 years after role in first Soviet atomic bomb
Reporter who visited immediately complained of headaches and a burning throat in locality plagued by uranium waste sites.
Russia’s Rosatom to support nuclear projects across Africa at AEW2024
Rosatom, now building Egypt's first nuclear power plant, has announced a strong pipeline of projects across Africa, having signed agreements with Burkina Faso, Congo and Guinea while making inroads in Kenya and beyond.
India boosts high-tech exports to Russia as Western sanctions shift trade flows
India has emerged as a crucial supplier of high-tech components to Russia, filling the gap left by Western companies that pulled out following sanctions imposed over Moscow’s 2022 invasion of Ukraine.
Poland reveals details of its controversial migration strategy
Four ministers from the Left grouping – one of the four parties making up the cabinet – have said they have not endorsed the new plans.
Sri Lanka to apply for BRICS membership
Sri Lanka has decided to apply for the membership of the BRICS and the New Development Bank, the country’s Foreign Minister Vijitha Herath said on October 14