In 2022, Russian business faced a number of challenges in many corners of the globe. Many foreign companies have refused to cooperate with Russian entrepreneurs for political reasons, or for fear of falling under the sanctions of Western countries. However, certain nations throughout the world have welcomed Russian investments even more recently than they did […]
On June 3, Recep Tayyip Erdoğan was sworn in as president of Turkey for another five-year term. The inauguration and the subsequent ceremony, attended by approximately 80 international and regional leaders, suggested that a significant change in Turkey’s foreign policy priorities may be under way. Observers have predicted that the Turkish president is likely to continue with […]
On May 31st, Vladimir Putin met with the President of the State of Eritrea, Isaias Afwerki, at the Kremlin. The meetup was ostensibly to fortify trade and economic cooperation between the East African nation and Russia. However, broader implications concerning the emerging multipolar world system are also at play. President Putin welcomed Eritrea’s president, noting […]
The upcoming session of the Council of the SCO Leaders in July will include discussions on boosting the usage of national currencies in trade between member nations. This topic was previously addressed, and a plan was established during the organization’s summit in Samarkand in September 2022. The SCO is currently one of the most extensive […]
As a result of the latest summit of the G7 countries in Hiroshima, the US, Canada, the UK and the EU adopted yet another, 11th to be precise, package of anti-Russian sanctions. The package includes more than 90 companies from all over the world, which, according to Brussels, allegedly violated the restrictive measures and continue […]
BEIJING — There has been a growing focus on the economic development underway in Africa. There is a reason behind this seemingly new interest of Western powers in events happening in Africa, and the reason is simple: China is a new power dominating business on the continent and has clearly caught the West’s attention.
