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☆ Russia is betting big on Cuba as it courts alternative economic partners
▼ + stars: | 2024-03-19 | by ( Huileng Tan | ) www.businessinsider.com time to read: +1 min

Russia is expanding its economic and trade ties with Cuba, per TASS. Russia has been pivoting to alternative markets in the face of Western sanctions. Cuba — which has been sanctioned by the US for decades — has been in an economic crisis since the COVID-19 pandemic. AdvertisementRussia has set its sights on broader economic and trade ties with Cuba. The companies are involved in various sectors including heavy industry, energy, banking, agriculture, IT, and tourism, Chernyshenko said at an intergovernmental meeting between Russia and Cuba.

Persons: —, Dmitry Chernyshenko, Chernyshenko Organizations: Service, TASS Locations: Russia, Cuba, Russian

☆ Putin accuses IOC of using Olympics for politics and racism
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +2 min

Oct 19 (Reuters) - President Vladimir Putin on Thursday lashed out at the International Olympic Committee (IOC) for effectively suspending Russia from the Olympic movement, accusing it of using the Games as a tool of politics and racism. Last week the IOC banned the Russian Olympic Committee for recognising regional bodies from four territories that Moscow claims to have annexed from Ukraine. "And that the Games themselves can be used as an instrument of political pressure against people who have nothing to do with politics. The IOC did not say last week whether they would be admitted to Paris 2024. Stanislav Pozdnyakov, head of the Russian Olympic Committee, said in Perm that the key thing now was to prepare athletes for the 2028 Games.

Persons: Vladimir Putin, Putin, Russia's, Dmitry Chernyshenko, Stanislav Pozdnyakov, Maxim Rodionov, Kevin Liffey, Mark Trevelyan Organizations: International Olympic Committee, IOC, Russian Olympic Committee, Sporting Power, Olympic, Games, Olympics, Zvezda, Reuters, Thomson Locations: Russia, Moscow, Ukraine, Perm, Sochi, Paris, Kazan

☆ Who is in Putin's delegation to China - and who stayed in Moscow?
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

[1/2] Russian President Vladimir Putin arrives for the opening ceremony of the Belt and Road Forum in Beijing, China, October 18, 2023. Sputnik/Dmitry Azarov/Pool via REUTERS Acquire Licensing RightsMOSCOW, Oct 18 (Reuters) - Russian President Vladimir Putin is currently on a visit to China, his second only trip outside the former Soviet Union since the February 2022 invasion of Ukraine. Who is in the Russian delegation with Putin - and who stayed in Russia? Before Putin left for China, he was shown at a meeting with defence and spy chiefs at his Novo-Ogaryovo residence outside Moscow. The following top officials are thought to be in Russia.

Persons: Vladimir Putin, Dmitry Azarov, Alexander Novak, Sergei Lavrov, Yuri Ushakov, Maxim Oreshkin, Dmitry Peskov, Central Bank Governor Elvira Nabiullina, Anton Siluanov, Maxim Reshetnikov, Dmitry Shugaev, Yuri Chikhanchin, Dmitry Chernyshenko, Igor Morgulov, Igor Sechin, Alexei Miller, Alexei Likhachev, Andrei Kostin, Igor Shuvalov, Leonid Mikhelson, Oleg Belozyorov, Kirill Dmitriev, Putin, Sergei Shoigu, Nikolai Patrushev, Alexander Bortnikov, Dmitry Medvedev, Anton Vaino, Sergei Kiriyenko, Mikhail Mishustin, Viktor Zolotov, Sergei Naryshkin, Guy Faulconbridge, Muralikumar Organizations: Forum, Sputnik, REUTERS Acquire, Rights, Soviet Union, Putin, Kremlin, Central Bank Governor, Federal Service for Military, Gazprom, VEB, Russian, Russian Direct Investment, Russia Security, Federal Security Service, Russia's Foreign Intelligence, Reuters, Thomson Locations: Beijing, China, Ukraine, Russia, CHINA, North Korea, China BUSINESSPERSONS, Moscow, Russian

[1/3] Russian President Vladimir Putin is welcomed by Chinese President Xi Jinping during a ceremony at the Belt and Road Forum in Beijing, China, October 17, 2023. Sputnik/Sergei Savostyanov/Pool via REUTERS Acquire Licensing RightsSummary Putin praises 'dear friend' Xi, thanks for invitePutin heaps praise on BRIPutin says Northern Sea route is open for businessSome European delegates walk out as Putin speaksBEIJING, Oct 18 (Reuters) - President Vladimir Putin on Wednesday praised Chinese President Xi Jinping for the Belt and Road Initiative (BRI) and invited global investment in the Northern Sea route which he said could deepen trade between east and west. Putin called Xi his "dear friend" and heaped praise on the Belt and Road Initiative for bringing the world together. "Starting next year, navigation for ice-class cargo ships along the entire length of the Northern Sea Route will become year-round." Reporting by Vladimir Soldatkin in Moscow and Laurie Chen in Beijing; Editing by Guy FaulconbridgeOur Standards: The Thomson Reuters Trust Principles.

Persons: Vladimir Putin, Xi Jinping, Sergei Savostyanov, Putin, Xi, BRI Putin, Jean, Pierre Raffarin, Sergei Lavrov, Alexander Novak, Dmitry Chernyshenko, Dmitry Peskov, Maxim Oreshkin, Yuri Ushakov, Maxim Reshetnikov, Igor Morgulov, Vladimir Soldatkin, Laurie Chen, Guy Faulconbridge Organizations: Forum, Sputnik, REUTERS Acquire, Wednesday, Initiative, Soviet Union, French, Kremlin, Thomson Locations: Beijing, China, Northern, BEIJING, Ukraine, Russia, Murmansk, Russia's, Norway, Bering, Alaska, Moscow, North Korea

☆ Russia's Aeroflot resumes regular flights to Cuba, suspended since Ukraine invasion
▼ + stars: | 2023-07-01 | by ( ) www.reuters.com time to read: +1 min

July 1 (Reuters) - Rossiya Airlines, part of Russia's Aeroflot (AFLT.MM) group, on Saturday resumed scheduled flights to Cuba, which had been suspended since Western countries shut Russia out of their airspace in response to its invasion of Ukraine. The first flight of what will begin as a twice-weekly service took off for the Cuban resort of Varadero from Moscow's Sheremetyevo airport on Saturday, Aeroflot said. Russian airlines suspended flights to Cuba, Mexico and the Dominican Republic on Feb. 28 last year, four days after the invasion, which Russia calls a "special military operation". The deputy prime minister for tourism, sport, culture and communications, Dmitry Chernyshenko, announced in May that regular flights to Cuba skirting the airspace of "unfriendly" countries would resume by July. Reporting by Reuters; Editing by Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.

Persons: Dmitry Chernyshenko, Kevin Liffey Organizations: Rossiya Airlines, Aeroflot, Saturday, Reuters, Thomson Locations: Cuba, Russia, Ukraine, Cuban, Varadero, Moscow's Sheremetyevo, Mexico, Dominican Republic

The longtime political allies - both subject to U.S. sanctions - are seeking to cement economic ties by facilitating trade and investment. "(The deals) constitute a milestone in the history of our bilateral and business ties," said Ricardo Cabrisas, Cuba's foreign trade minister, in a speech closing the forum on Friday. Russia also provided funds, know-how and technology to restart a steel mill in Cuba to supply construction materials on the island, according to Cuba state-run media reports. More than 150 Russian businesspeople attended the forum in Havana, according to Cuban officials. SUGAR DEALRussia this week also promised to help revive Cuba's once-vaunted sugar industry, which has nearly collapsed in recent years as its production has plunged to historic lows.

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