Author: Steven Sahiounie

Mikhail Mishustin noted that Moscow is developing cooperation with Astana in all areas, including in the areas of production, technology and investment ASTANA, September 25. /TASS/. Trade between Russia and Kazakhstan exceeded 1.5 trillion rubles ($15.6 bln) in January-July, Russian Prime Minister Mikhail Mishustin said at a meeting with President of Kazakhstan Kassym-Jomart Tokayev. “Last year it reached about two trillion rubles. This year – from January to July – it is already more than 1.5 trillion rubles ($15.6 bln),” Mishustin said citing statistics. He noted that Moscow is developing cooperation with Astana in all areas, including in the areas…

Gazprom Neft has switched to yuan and rubles in export settlements, the company’s head has revealed Russian oil producer Gazprom Neft, a subsidiary of energy giant Gazprom, has almost completely abandoned the US dollar and euro in crude trade with foreign partners and switched to national currencies, the company’s CEO Aleksandr Dyukov revealed this week. According to him, most of the firm’s export transactions are already made in Chinese yuan and Russian rubles, he said on the sidelines of the TNF energy forum, which is taking place in oil-rich Tyumen Region in Siberia. At the same time, Dyukov noted that…

British private sector output dropped in September, prompting firms to cut staff, S&P Global says   Companies in the UK’s private sector have been downsizing their workforce at the fastest rate since the global financial crisis, apart from the Covid-19 pandemic lockdowns, as output fell in September, according to data published by S&P Global on Friday. The latest flash S&P Global Composite Purchasing Managers’ Index (PMI) figure for the UK slipped to 46.8, down from 48.6 in August, and reached a 32-month low. The reading was well below the 50-mark, which separates growth from contraction, and lower than economists expected,…

Arctic shipping has been a priority for the country’s economic development Russian shipping will continue to expand and will reach 29.6 million tons by 2026, marking a 7.3% increase from 2022, according to a report by the Ministry of Economic Development. On Friday, the ministry issued its forecast on the country’s social economic development for 2024-2026. According to the projection, sea cargo turnover is expected to continue rising in the coming years. In 2023, inland freight traffic is predicted to be up by 2.4%, or 119.2 million tons. Russia has been steadily ramping up maritime cargo transportation, particularly via the…

American LNG will be needed for decades, according to a leading energy figure The EU will have to buy liquified natural gas (LNG) from the US for several decades after the bloc opted to sharply reduce purchases from Russia, Ditte Juul Jorgensen, director general for energy in the European Commission, told the Financial Times on Monday. According to the energy official, the bloc’s reliance on supplies of American LNG is expected to persist. “We will need some fossil molecules in the system over the coming couple of decades. And in that context, there will be a need for American energy,” Jorgensen…

the Interior Minister, Major General Mohammed al-Rahmoun, discussed with the Brazilian Ambassador in Damascus, André Santos, means of enhancing and developing joint cooperation in various fields, particularly in the security aspect. The Ministry is keen to take care of the interests of the Brazilian community in Syria and provide all facilities to Brazilian citizens here and address their conditions, minister al-Rahmoun stressed. He pointed out that the ties binding the two friendly countries are historical based on mutual respect between the two countries and their people. The Brazilian ambassador, in turn, affirmed that he will exert every possible effort to…

Egypt will hold a presidential vote on Dec 10-12, the elections authority said on Monday, with President Abdel Fattah El-Sisi widely expected to win reelection despite an economic crisis including record inflation and chronic foreign currency shortages.El-Sisi, 68, can stand for a third term due to constitutional amendments in 2019 that also extended the length of presidential terms to six years from four, opening the way for him to stay in office until at least 2030.Election results are expected to be announced on Dec. 23 and, in the event of a run off round, final results should be announced on…

It is emphasized that the parties discussed relations between Russia and Oman and ways to boost ties Russian Security Council Secretary Nikolay Patrushev, who is on a working visit to the Sultanate of Oman, held a meeting with the country’s Minister of the Royal Office Sultan al-Numani, the Oman News Agency reported. According to the media outlet, the parties discussed relations between Russia and Oman and ways to boost ties. In addition, Patrushev and al-Numani touched upon a number of issues of mutual interest. Earlier, the Russian Security Council said that Patrushev would visit Oman for security consultations that would also involve…

Bilateral ties, regional and global issues, particularly recent developments in Karabakh, are on agenda Turkish President Recep Tayyip Erdogan on Monday arrived in Azerbaijan’s autonomous Nakhchivan exclave upon the invitation of his counterpart Ilham Aliyev. Aliyev welcomed Erdogan with an official ceremony before holding one-on-one talks to discuss bilateral relations, as well as regional and global issues, particularly the recent developments in Karabakh. They will later hold a joint news conference. The leaders will also attend the groundbreaking ceremony of the Igdir-Nakhchivan natural gas pipeline and inaugurate the modernized Nakhchivan military complex. Ankara and Baku agreed in 2020, in a…

Dmitry Peskov added that the whole country “helps and will continue to help the new regions” in the speedy integration and in overcoming problems associated with the actions of the Kiev regime The elections in Russia’s new regions were held in full compliance with the law, Presidential Spokesman Dmitry Peskov told reporters. “The elections were held entirely within legal guidelines, in accordance with our laws. They are valid,” Peskov said when asked how the Kremlin assessed the elections held in the new regions. “The regions now have their leaders; we wish them success,” the spokesman added. He emphasized that the…