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    Will The United States Ban Russia From The United Nations?

    Foreign Minister Sergey Lavrov will lead the Russian delegation to the UN General Assembly, scheduled for the end of September in New York, the Kremlin announced yesterday. However, it is unclear whether the US will allow Lavrov and other members of the delegation to enter the country, even for the UN event. There are “no[…..]

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    Russia And Türkiye Agree To Trade In Rubles And Dump US Dollar

    Plans to increase bilateral trade to US$100 billion by 2030 Turkish President Recep Tayyip Erdogan has said that at his meeting with Russian counterpart Vladimir Putin in Sochi on Friday (August 5) they reached an agreement to start using the Ruble in bilateral trade. Erdogan stated “At the meeting in Sochi with Mr. Putin, we[…..]

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    Russian Auto Sales Recover, Domestic, Chinese Brands Most Popular

    Sales of new cars in Russia have picked up after two slow months, with 32,000 new vehicles sold, according to the Association of European Businesses (AEB). The trend is now expected to continue for the rest of the year, although pent up demand means there are erratic numbers of cars in warehouses, and price fluctuations[…..]

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    Why The Russian Economy Isn’t Collapsing

    Western leaders undervalued the size and global reach of the Russian economy Headlines concerning the collapse of the Russian economy under sanctions have been many and varied, although more recently observations have been made that sanctions imposed by the West aren’t working to the extent intended.

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    Lavrov Talks Up BRICS As US, EU Alternative

    Non-politicized, inclusive fair trade being touted as a replacement to the West’s operational methods.  Russia’s Foreign Minister Sergey Lavrov has been talking up the development of the BRICS grouping as an alternative to the traditional focus of the United States and European Union.

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    Russia’s Foreign Minister To Meet With ASEAN Leaders: Analysis

    As Moscow and Washington prepare to face off over ASEAN, the stakes are high for both.  By Chris Devonshire-Ellis  Sergey Lavrov, Russia’s Foreign Minister Sergei Lavrov will take part in several meetings with ASEAN which will be held in Cambodia from Thursday (August 4). The annual ASEAN summit is being held a week later.

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    China’s Union Pay Expands Russian Operations

    Two more of Russia’s largest banks, MKB and DOM.FR, have stated they are preparing to issue Union Pay cards – MKB and DOM.RF, with the facilities expected to be open from early 2023, while others are also considering the move. Russia’s Industrial & Commercial Bank (ICB) is considering the possibility of issuing cards through the[…..]

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    Russia Moves To Dominate Global Neon & Inert Gases Market

    Inert gases have critical usage as part of the global semiconductor manufacturing process Russia’s Moscow State Technical University has opened a significant production facility creating pure neon gas, filling a global shortage of inert gases and providing Moscow with partial control of, and significant export potential for export volumes of strategically important goods.

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    Belarus Increases State Funding For Investment Programmes By 50%

    Security and weapons smugglings controls are being increased as restrictions are tightened, but Europe may face future gun control problems.    Belarusian President Alexander Lukashenko has issued an order to increase financing for the state investment program for 2022 by 50%, with funding slated to also go toward projects for which financing was suspended due[…..]

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    Uzbekistan – Eurasian Economic Union Trade Volumes Up

    Uzbekistan’s foreign trade turnover with the Eurasian Economic Union (EAEU) countries amounted to US$7 billion from January through June 2022, according to the Uzbek State Statistics Committee.

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