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Were Trump to follow through on his vow to impose tariffs on imports on Europe as well as from China, they would likely deviate further. There is also uncertainty across the continent about what the new White House will mean for the war in Ukraine. In their view, China could help to pressure Russia over Ukraine as Xi loses patience with a war he did not expect would drag on for almost three years. One senior European diplomat said that while China has never explicitly condemned Russia’s invasion of Ukraine, it has helped in other ways to rein in Moscow. continues to say that Ukraine will negotiate when Ukraine wants to negotiate,” another European official said, “and that the E.U.
Persons: Donald Trump, don’t, Trump, Vladimir Putin, , Olaf Scholz, Putin, Sydney Walsh, Volodymyr Zelenskyy, , Mike Waltz, Xi, Sergey Bobylev, , Keir Starmer, Xi Jinping, Starmer, Jimmy Lai, Scholz, Emmanuel Macron, David Lammy, Wang Yi, Liu Bin, Joe Biden, Wu Xinbo, ” Wu, ” Cao Lei, Kim Jong, trickier, ” Keir Simmons, Jennifer Jett Organizations: NBC, Union, NBC News, , U.S, Economist, Chinese Communist Party, Getty Images, , Group, British, Xinhua News Agency, Getty, Trump, Center for American Studies, Fudan University, University of Hong Kong’s, Contemporary, Foreign, South China Locations: DUBAI, United Arab Emirates, Beijing, Brussels, China, Europe, Ukraine, we’ll, Kazan, Russia, Anadolu, South, Taiwan, Moscow, Rio de Janeiro, Britain, Hong Kong, British, Shanghai, , Contemporary China, “ China, European, North Korea, U.S, Dubai
It is clear what Russia stands to gain from an influx of some 10,000 North Korean troops to aid its war in Ukraine. North Korean troops are expected to help with that. North Korea, for its part, needs a partner that will shield it from the United Nations Security Council as it pursues its nuclear ambitions. “North Korea is trying to get as many benefits as it can from this relationship,” said Edward Howell, an expert on North Korea at the Chatham House think tank. “If thousands of North Korean troops learn how to survive on a battlefield full of drones,” Gabuev said, “that is a lesser problem than North Korea having quieter nuclear-capable submarines.
Persons: Kim Jong, Kim, Vladimir Putin, ” Alexander Gabuev, Russia —, Mark Rutte, NBC’s Keir Simmons, Putin, ” Putin, didn’t, ” Gabuev, Kim Jong Un, Mikhail Metzel, , Edward Howell, , Gabuev Organizations: West, Carnegie Russia Eurasia Center, NBC News, Pentagon, Ukraine, NATO, Vostochny, Getty, Yonhap News Agency, United Nations Security Council, Chatham House, . Security Locations: Russia, Ukraine, Europe, Asia, United States, North Korea, Berlin, , West, Russia’s Kursk, Moscow, Ukrainian, Kursk, Washington, Kazan, Pyongyang, Korea, North Korean, AFP, South Korea, Seoul
CNN —Russia struck a major Ukrainian hospital used to treat injured soldiers, killing at least five people, Ukrainian officials said. Dnipro was not the only major Ukrainian city hit overnight. The capital, Kyiv also experienced a drone attack, according to the head of the military administration, Serhii Popko. The Ukrainian Air Force said Russia used a combination of “various types of missiles, Shahed-type attack UAVs, and drones of unspecified type” to carry out attacks across the country. Ukrainian air defenses succeeded in shooting down 44 out of 91 Russian unmanned aerial vehicles (UAVs), the Air Force said on Telegram.
Persons: Volodymyr Zelensky, Serhii Lysak, Vladimir Putin, Zelensky, ” Lysak, Lysak, Borys Filatov, Filatov, Serhii, Popko Organizations: CNN, Mechnikov, Dnipro, Ukrainian Air Force, Air Force Locations: Russia, Ukrainian, Dnipro, Kazan, Ukraine, Kyiv, Solomianskyi, Crimea
“If the North Koreans are actually sending troops to fight with the Russians, then clearly the level of Russian willingness to support North Korea, to help defend North Korea, is going to be equivalent,” he told NBC News in an interview Thursday. “And that really, in many ways, supplants China as North Korea’s most important protector.”Ukraine says 12,000 North Korean troops in Russia, could join fight starting SundayThe U.S. and its ally South Korea say 3,000 North Korean troops have been deployed to Russia, with the total expected to reach 12,000. Ukrainian President Volodymyr Zelenskyy said Friday in a post on X that the first North Korean soldiers were expected to be deployed in combat zones as early as Sunday. The entry of North Korean troops into the Ukraine war could also lead to even further escalation of the conflict. “I think that the North Korea move is a big part of that, frankly,” Bremmer said.
Persons: Kim Jong, Vladimir Putin, Kim Jong Un, , Ian Bremmer, Volodymyr Zelenskyy, Kim, Putin didn’t, We’ll, , Kim Yong, Lloyd Austin, Bremmer, Xi Jinping, ” Bremmer, Lin Jian, Wang Yi, Xi, Putin Organizations: U.S, North, Getty, Eurasia Group, NBC News, Korean, Ukrainian Defense Ministry’s, Directorate of Intelligence, Ukrainian, Centre, Strategic Communication, Security, Putin, United Nations, South Korean Defense, U.S ., South Korea’s National Intelligence Service, South Korean National Intelligence Service, AFP, Foreign Ministry, Foreign, Kremlin Locations: HONG KONG — North, Ukraine, Washington, Korea, Russia, China, Pyongyang, Beijing, New York, Koreans, North Korea, North, ” Ukraine, South Korea, Vietnam, Russian, Kursk, Russia’s Far, Kazan, U.S, Korean, Washington . South, Moscow, North Korean, Japan
Russia faces sweeping sanctions over its full-scale invasion of Ukraine and has been locked out of the US dollar-dominated global financial system, including the widely used SWIFT financial messaging system, making payments and transactions challenging. The Kazan Declaration, issued Wednesday, did not mention global dollar dominance — but it highlighted alternatives. AdvertisementChina — even though it's in a prolonged slowdown — is expected to be the top contributor, accounting for about one-fifth of global growth over the five years. AdvertisementHowever, BRICS economies have a smaller global presence in global financial flows, limiting the impact of de-dollarization, the ING analysts added. Other issues include what countries would use the alternative currencies for and if the West would sanction such alternative systems, he said.
Persons: Vladimir Putin, Putin, , he's, Alexander Kolyandr, Tom Keatinge Organizations: Service, ING, United, United Arab Emirates, Bloomberg, International Monetary, Center for, Centre for Finance, Security, Royal United Services Institute Locations: BRICS, Russian, Kazan, Russia, Ukraine, cryptocurrencies, Brazil, India, China, South Africa, Iran, Egypt, Ethiopia, United Arab, USA
China's Ministry of Commerce on Thursday emphasized the country's efforts to restrict illegal exports of military goods to Russia as it seeks to cast Beijing as a neutral player amid the ongoing war in Ukraine. The term refers to goods or technologies that can be used for civilian as well as military purposes. China on Saturday unveiled an export control law for dual-use items, set to take effect Dec. 1. Despite the timing of its release, the text of China's new export control law does not mention specific countries. And Xi did not mention the export controls in during his trip to Russia, according to official statements.
Persons: Xi Jinping, Vladimir Putin, Gabriel Wildau, Xi Organizations: SZ, Technology, China's Ministry of Commerce, Atlantic Treaty Organization, Saturday, U.S Locations: Shenzhen, China, Russia, Beijing, Ukraine, Kazan, Russian, Moscow
Kyiv CNN —Russian soldiers have been heard raising concerns about how North Korean soldiers will be commanded and provided with ammunition and military kit, leaked intercepts obtained by the Defense Intelligence of Ukraine and released on Friday show. The intercepts also reveal plans to have one interpreter and three senior officers for every 30 North Korean men, which the Russian soldiers are heard in the audio condemning. Ukrainian President Volodymyr Zelensky said Friday that he received a report on the deployment of North Korean military personnel from Ukraine’s commander-in-chief. “According to intelligence, on October 27-28, Russia will deploy its first North Korean troops in combat zones. The Kremlin had initially dismissed allegations of North Korean troop deployments, but on Thursday at the BRICS summit, Putin did not deny that Pyongyang had sent soldiers to the country.
Persons: , , Volodymyr Zelensky, ” Zelensky, Vladimir Putin, Putin, Zelensky, CNN’s Daria Tarasova, Markina, Niamh Kennedy Organizations: CNN —, Defense Intelligence, , Battalion, Ukraine’s Defense Intelligence, Korean, Ukraine’s, UN Locations: Ukraine, Russia’s Kursk, Russia’s, Russian, Russia, Korean, Kazan, Pyongyang, North Korea, Moscow
But it may allow Russia to reorganize and push forward, and if it works North Korea can send more. Russian Foreign Ministry spokesperson Maria Zakharova said Wednesday that the reports of North Korea sending soldiers to Russia was “fake and hype,” local media reported. "I am very concerned," James Stavridis, a retired U.S. Navy admiral and the former supreme commander of NATO forces, told MSNBC yesterday. And if a North Korean soldier is killed with NATO weapons how does the often unpredictable Kim respond? This week South Korea summoned the Russian ambassador, seeking the “immediate withdrawal” of North Korean troops from Russia.
Persons: Maria Zakharova, James Stavridis, Kim, Georgiy Zinoviev, South, Kim Hong, Putin, Xi, Pezeshkian, Mauro Vieira Organizations: North, Russian Foreign, U.S . Navy, NATO, MSNBC, NBC News Locations: Ukraine, Russia, North Korea, Korea, U.S, Ukrainian, Asia, North Korean, Russian, Seoul, Brazil, Egypt, UAE, India, United States, Kazan
India and China, two of the world’s biggest economies, have maintained strong trade ties despite the military and diplomatic tensions. India said the two leaders have directed their officials to take further steps to stabilize all aspects of bilateral ties. Modi put forward ideas for improving and developing bilateral relations, to which Xi agreed in principle, CCTV added without elaborating. Modi and Xi had not held formal bilateral talks since then, although both participated in multilateral events. Their last bilateral summit talks were held in October 2019 in the southern Indian town of Mamallapuram.
Persons: Xi Jinping, Narendra Modi, Modi, Xi, ” Modi, Vikram Misri, Organizations: Indian, CCTV, Doordarshan, Mutual, New Locations: Russia, India, China, Kazan, New Delhi, Beijing, Ladakh, Mamallapuram, Bali, Johannesburg
The aircraft will fly North Atlantic patrols to counter the growing Russian submarine threat. AdvertisementGerman submarine-hunting aircraft will be based in the UK and will fly patrols over the North Atlantic amid a rise in Russian underwater military activity in the area. Jesenia LandaverdeSeveral countries, including a number of NATO allies, operate the P-8, a derivative of the civilian 737. Related storiesThe Trinity pact comes amid a rise in Russian submarine and underwater activity, a development that has long concerned NATO. The UK government said the Trinity pact "will strengthen national security and economic growth in the face of growing Russian aggression and increasing threats."
Persons: , Jesenia, Trinity, Tony Radakin, Christopher Cavoli, we've, ADALBERTO ROQUE, Boris Pistorius Organizations: Service, NATO, Royal Air Force, Boeing, US Navy, Navy, US Air Force, Staff, British, Getty, Trinity, Ukraine Locations: Germany, Trinity, Lossiemouth, Scotland, Russian, Europe, Cuba, Havana's, North, Ukraine, Russia, Moscow, Eastern Europe
BRICS' Kazan Declaration on Wednesday contained 134 points — and only one discussed the Ukraine war. It shows that Russia still has trouble getting friendly countries on board with the war, per the ISW. AdvertisementOver two dozen world leaders at this year's BRICS summit ended Wednesday's talks with the Kazan Declaration, a 134-point summary of their agreements. "The Kazan Declaration notably only mentioned Russia's war in Ukraine once," the Washington-based think tank wrote. The declaration "demonstrated that Russia has not yet secured the international support nor created the alternative security structure that the Kremlin desires," ISW added.
Persons: BRICS, , Vladimir Putin, ISW, Huileng Tan, Putin Organizations: UN, Service, United Nations, Kyiv, South Sudanese, Mastercard Locations: Kazan, Ukraine, Russia, China, Washington, Nazi, Moscow, Brazil, India, Syria, Tel, Lebanon, Gaza, Republic, Tatarstan
The remains of an unidentified missile, which Ukrainian authorities claimed to be made in North Korea, is seen at a site of a Russian strike in Kharkiv, Ukraine on January 2. China, Russia and Iran have also held four joint naval drills since 2019, and China is by far Iran’s largest energy buyer. Beijing also carefully manages its relationship with North Korea – which is almost wholly economically and diplomatically dependent on China. “Russia, North Korea, Iran is the type of grouping that China least wants to openly associate itself with,” said Tong Zhao, a senior fellow at the Carnegie Endowment for International Peace. An Iranian military boat patrols ahead of the start of a joint naval drill of Iran, Russia and China in the Indian Ocean in May.
Persons: They’ve, Lloyd Austin, George W, Bush’s, , Kim Jong, Kim, there’s, what’s, Bashar al, Assad, Israel –, Xi Jinping, Putin, Alex Gabuev, Sofiia Gatilova, Xi, Loup, , Tong Zhao, Zhao, Sydney Seiler Organizations: Hong Kong CNN, Korean, Moscow’s, US, North, West, Carnegie Russia Eurasia Center, China’s, National University of Singapore’s Middle East Institute, Carnegie Endowment, International Peace, Iranian Army, AP, UN, National Defense Strategy, NATO, Center for Strategic, International Studies Locations: Hong Kong, Russia, Ukraine, United States, Tehran, China, Iran, North Korea, Washington, Europe, Pacific, Nazi Germany, Fascist Italy, Imperial Japan, Iraq, South Korea, Pyongyang, Syria, Beijing, Moscow, Berlin, Kharkiv, Kazan, Israel, Jean, South, Taiwan, “ Russia, , Iranian, Asia, Australia, Japan, New Zealand, North Asia, Sydney
CNN —A group of North Korean soldiers have been spotted in Russia’s Kursk region, an area of ongoing military operations, Ukraine’s military intelligence service announced Thursday. On Wednesday, US National Security Council spokesman John Kirby told reporters at least 3,000 North Korean soldiers arrived in eastern Russia this month. “We have never doubted that the North Korean leadership takes our agreements seriously,” Putin told the press conference in Kazan, Russia. Putin’s Deputy Defense Minister Yunus-Bek Yevkurov has been tasked with overseeing the troop’s training, the Ukrainian intelligence service said. CNN had previously reported when North Korean recruits were filmed receiving equipment and uniforms at a training ground in Russia’s Far East.
Persons: John Kirby, Volodymyr Zelensky, Vladimir Putin, ” Putin, Yunus, Bek Yevkurov Organizations: CNN, Defense Intelligence, US National Security, North, North Korean Locations: Russia’s Kursk, Russia’s, Russia, Ukraine, Kursk, China, North Korea, Russian, Kazan, Ukrainian, Russia’s Far
Alexander Shcherbak | Afp | Getty ImagesThe Kremlin said it has no intention of abandoning Iran as it faces a widely-expected direct attack from Israel. He did not directly answer whether Iran had asked Russia for support against Israel. Peskov told CNBC that Russia "maintains a dialogue with all parties involved in the conflict in the Middle East." Russia and Iran's 'strategic' dealTo see just how Russia could look to support Iran, all eyes are now on the BRICS summit that's taking place in Kazan, southwestern Russia. Russian President Vladimir Putin (R) shakes hands with Iranian President Masoud Pezeshkian (L) during their meeting, October 11, 2024, in Ashgabat, Turkmenistan.
Persons: Vladimir Putin, Masoud Pezeshkian, Magtymguly, Alexander Shcherbak, Dmitry Peskov, Sergei Ilnitsky, Peskov, Ali Akbar Ahmadian, Vyacheslav Prokofyev, Israel, Benjamin Netanyahu's, Ozcelik Organizations: Sputnik, Afp, Getty, Ukraine, CNBC, Kremlin, Google, Israel, Commonwealth of Independent States, CIS, Reuters, United, United Arab Emirates, Iran's, National Security Council, Middle, International Security, Royal United Services Institute, U.S, Global, UN Security Council Locations: Russian, Ashgabat, Iran, Israel, Gaza, Lebanon, Republic, Russia, Tehran, Moscow, Reuters Russia, Saudi Arabia, Syria, United Arab, Ukraine, Saint Petersburg, Kazan, Brazil, India, China, South Africa, what's, Turkmenistan
CNN —Armed assailants launched a deadly “terror” attack on Turkey’s state-run aerospace company near the capital Ankara on Wednesday, government officials said. At least five people were killed and 22 injured in the “terrorist attack” on the Turkish Aerospace Industries (TUSAS) headquarters in the outskirts of Ankara, said Interior Minister Ali Yerlikaya. The attack occurred while Turkish President Recep Tayyip Erdogan was in the Russian city of Kazan to attend the annual BRICS summit. Turkish Aerospace IndustriesTurkey is a member of the North Atlantic Treaty Organization. “An attack on a major Turkish defense contractor, a public company, but also the crown jewel of Turkey’s defense industry, is going to be a huge trauma,” she said.
Persons: , Ali Yerlikaya, , Cevdet Yılma, Yasar Guler, Guler, , ” Yerlikaya, Mehmet Demiroglu, TUSAS, Ragip, Recep Tayyip Erdogan, Vladimir Putin, Erdogan, Mark Rutte, Mansur Yavas, Yilmaz Tunc, Aslı Aydıntaşbaş, “ It’s, ” Aydıntaşbaş, Tal Rifa’at, Farhad Shami, Mazloum Abdî, Serdar Ozsoy, Kamiran Hassan, Asos, Ebubekir Şahin, Netblocks, Putin, ” Putin, Turkey “ Organizations: CNN, Turkish Aerospace Industries, Turkish, Turkish Defense, Kurdistan Workers ’ Party, European Union, Social, Turkey’s Nationalist Movement Party, Reuters, Anadolu, Turkey’s Ministry of Industry, Technology, TUSAS, Atlantic Treaty Organization, NATO, European Council, Foreign Relations, Syrian Democratic Forces, SDF, ISIS –, of Communications Center, ” Broadcasters, Television Supreme, Facebook, YouTube, US State Department Locations: Ankara, Turkey, United States, Syria, Iraq, Ragip Soylu, Russian, Kazan, Turkish Aerospace Industries Turkey, Turkish, Kurdish, Kobani, Tal, Aleppo, Mawat, Sulaymaniyah, Iraq’s Kurdistan, Turkey’s
Russian President Vladimir Putin and Chinese President Xi Jinping at their bilateral meeting prior to the opening of the BRICS summit, on Oct. 22, 2024, in Kazan, Russia. China and Russia's "profound" relationship will not change despite the turbulence in global geopolitics, Chinese President Xi Jinping told his counterpart Vladimir Putin at the opening of the BRICS summit in Kazan, Russia, on Tuesday. The two leaders met at the BRICS summit in Kazan on Tuesday afternoon local time, according to the official readouts from both governments. "The world today is facing momentous transformations unseen in a century, resulting in a fast-changing and turbulent international landscape," Xi said, according to the English readout of the meeting. "Yet I am confident that the profound and lasting friendship between China and Russia will not change."
Persons: Vladimir Putin, Xi Jinping, Xi, Putin Organizations: Tuesday Locations: Kazan, Russia, China
KAZAN, Russia — Almost 700 miles east of Russia's war in Ukraine, the city of Kazan is a safe enough distance for President Vladimir Putin to try and reposition himself as an international ambassador. The countries gathering for the BRICS summit, where Gavrilov is helping to chaperone delegates, share a similar mix of apparently contradictory views. Russia and Iranian protocol teams huddled together in a Kazan hotel Sunday planning the arrival of Iran’s President Masoud Pezeshkian. Russian President Vladimir Putin and UAE President Sheikh Mohammed bin Zayed Al Nahyan sign a wall at newly opened education center in Moscow on Monday. While Ukraine is a “long, long way away, the modern ballistic missile can very easily come here,” Gavrilov said.
Persons: Vladimir Putin, Putin, Islam Gavrilov, Sergei Gavrilov, , Gavrilov, , didn’t, , it’s, Masoud Pezeshkian, Sheikh Mohammed bin Zayed Al Nahyan, Mikhail Metzel, Sheikh Abdullah bin Zayed Al Nahyan, Recep Tayyip Erdogan, Prince Mohammed bin Salman, Prince Faisal bin Farhan, Luiz Inácio Lula da Silva, they’ve, ” David Lubin, you’re, ” Gavrilov, Keir Simmons, Natasha Lebedeva, Freddie Clayton Organizations: NBC, NASA, Harvard University, The, Putin, United Arab, European Union, Kremlin, Wednesday, Saudi Arabia’s Crown, Chatham House, NBC News, Inside Locations: KAZAN, Russia, Ukraine, Kazan, Kremlin, United States, Moscow, America, U.S, — Brazil, India, China, South Africa, Egypt, Ethiopia, Iran, United Arab Emirates, UAE, London, Russian, Yelabuga, Nizhnekamsk,
CNN —India and China have reached an agreement on military disengagement along their disputed border, New Delhi said, a step toward reducing frictions between the nuclear-armed neighbors that comes as both countries’ leaders arrive in Russia for a summit. Both foreign ministries declined to comment on whether the two leaders would hold formal one-on-one talks in Kazan. ‘A positive development’The violence in 2020 was followed by a process of disengagement and border talks, but friction points have remained, including areas where both sides previously patrolled but have since become so-called buffer zones. However, even with that restoration, there are other steps that would need to be taken in a long process along the disputed border. “There are many other issues of de-induction and de-mobilization of troops on both sides; infrastructure that has been built, etc.
Persons: Subrahmanyam Jaishankar, Xi Jinping, Narendra Modi, Aksai Chin, Modi, , ” Jaishankar, Lin Jian, Beijing “, It’s, Manoj Kewalramani Organizations: CNN, Indian, People’s Liberation Army, PLA, India’s Ministry of Defense, NDTV, India’s, Affairs, Foreign Ministry, Takshashila Locations: India, China, New Delhi, Russia, Beijing, Kazan, Ladakh, Johannesburg, Indian, Bangalore
A DJI Inspire 1 Pro drone is flown during a demonstration at the SZ DJI Technology Co. headquarters in Shenzhen, China, on Wednesday, April 20, 2016. China has unveiled a set of export control regulations for so-called dual-use items, which refer to goods or technologies that can be used for civilian as well as military purposes, ahead of President Xi Jinping's trip to Russia. The regulations come amid intensified U.S. sanctions targeting Chinese companies which the U.S. deems have been supplying dual-use goods, such as drones, to aid Russia's war effort in Ukraine. China has attempted to show that "it is following similar norms as other nations in terms of how it regulates trade in dual-use goods," he added. Alicia Garcia-Herrero, chief economist for Asia-Pacific at Natixis, however, suggested that Russia will likely be exempted from the possible export controls.
Persons: Xi, Mao Ning, Benjamin Cavender, Alicia Garcia, Herrero, Alex Capri Organizations: SZ, Technology, State, China Market Research Group, National University of Singapore Locations: Shenzhen, China, Russia, Ukraine, Russian, Kazan, Washington, Asia, Natixis
Brazilian President Luiz Inacio Lula da Silva was expected to join but canceled his trip after suffering an injury at home. “This BRICS summit is really a gift (for Putin),” said Alex Gabuev, director of the Carnegie Russia Eurasia Center in Berlin. Russian President Vladimir Putin, Chinese leader Xi Jinping, then-Brazilian President Jair Bolsonaro, South African President Cyril Ramaphosa and Indian Prime Minister Narendra Modi pose as they arrive for the BRICS summit in Brasilia in November 2019. While BRICS is primarily geared toward economic collaboration, its meeting last year took place in the shadow of the war in Ukraine. The gathering in Kazan also gives Putin ample opportunity for one-on-one facetime with his fellow BRICS leaders and other friendly dignitaries in attendance.
Persons: Vladimir Putin, , Xi, India’s Narendra Modi, Iran’s Masoud, Cyril Ramaphosa, Recep Tayyip Erdogan, Luiz Inacio Lula da Silva, Putin –, Xi –, Putin, BRICS, Donald Trump, , Alex Gabuev, , BRICS “, ” Gabuev, Xi Jinping, Jair Bolsonaro, Narendra Modi, Adriano Machado, Mahmoud Abbas, Israel –, Jonathan Fulton, Volodymyr Zelensky, Yevhen Titov, they’ll, Manoj Kewalramani Organizations: CNN, Carnegie Russia Eurasia Center, Indian, Reuters, International, Israel, Atlantic Council, United Nations General Assembly, US, New Development Bank, World Bank, International Monetary Fund, BRICS, Kremlin, Takshashila Locations: Ukraine, Moscow, Russian, Kazan, Brazil, Russia, India, China, South Africa, Egypt, United Arab Emirates, Ethiopia, Iran, Beijing, Tehran, United States, Berlin, Brasilia, Johannesburg, Israel, Gaza, Hezbollah, Lebanon, Abu Dhabi, , Gabuev, BRICS, Kharkiv, Indian, Bangalore
Putin says BRICS, not the West, will drive global economic growth
  + stars: | 2024-10-19 | by ( ) www.cnbc.com   time to read: +1 min
The BRICS group will generate most of the global economic growth in the coming years thanks to its size and relatively fast growth compared with that of developed Western nations, Russian President Vladimir Putin said on Friday. The Kremlin leader is due to host a BRICS summit in the Russian city of Kazan on Oct. 22-24. "The countries in our association are essentially the drivers of global economic growth. In the foreseeable future, BRICS will generate the main increase in global GDP," Putin told officials and businessmen at BRICS business forum in Moscow. "The economic growth of BRICS members will increasingly depend less on external influence or interference.
Persons: Vladimir Putin, Putin Organizations: United, United Arab Emirates, Kremlin, U.S ., UAE Locations: Russian, Egypt, Ethiopia, Iran, United Arab, Brazil, Russia, India, China, South Africa, Kazan, Moscow, Ukraine
Their task is to “strengthen and develop” their strategic partnership, the Russian defense chief added. Russia and China have been bolstering their security coordination in the face of shared frictions with the West. Belousov also held talks a day earlier with Chinese Defense Minister Dong Jun, who ranks below Zhang in China’s military hierarchy. Belousov’s arrival in Beijing Monday coincided with China’s military flying a record number of fighter jets and other warplanes around Taiwan during large-scale military drills. China said the drills were intended as a “stern warning” to what it described as pro-independence forces in Taiwan.
Persons: that’s, Andrey Belousov, Zhang Youxia, Xi Jinping, That’s, Zhang, Xi, Vladimir Putin, Belousov, Dong Jun, Andrei Belousov, Wang Yi, Putin, Lai Ching Organizations: Hong Kong CNN, US, China’s, Military Commission, Tass, China’s Defense Ministry, Chinese Defense, Russia's Defense, China's, Russian Defence Ministry, Reuters China’s Ministry of Foreign Affairs, Canadian Locations: China, Hong Kong, Beijing, Russia, Washington, Russian, Kazan, BRICS, Moscow, Ukraine, Ocean, Alaska –, South China, Taiwan
Russia is proposing alternative payment systems and commodity centers. Challenges include entrenched dollar dominance and existing global trading systems' liquidity. Other than championing alternative payment systems based in non-dollar currencies, Russia is also pitching the set-up of centers for mutual trade in commodity resources. Moving BRICS trade to trading centers within the bloc would also involve the use of local currencies and facilitate a move away from using the dollar for trade, according to the document. Russia faces an uphill battle in changing the basics of dollar-dependent financial trading systems.
Persons: , Yakov, Brent Organizations: Service, Russia's Finance Ministry, Partners, Tass, Chicago Mercantile Exchange, Grain, country's Agriculture Ministry, Brent, International Monetary Fund Locations: Russia, Moscow, Ukraine, Brazil, India, China, South Africa, Russian, Pakistan, Kazan, masse, Scotland
Read previewEarlier this month, a spokesperson for Turkey's ruling AK Party said that a process was "underway" for Turkey to join the BRICS group of emerging-market nations. He now appears to be seeking to maintain what experts have dubbed a "balancing act" between its relations with the West, Russia, and China. "Even if Turkey does join BRICS, I do not believe it is going to lead to a fundamental redefinition of Turkey's relationship with the West." Advertisement"Understanding and collaborating with Turkey's perspective can enhance US and NATO relations with Turkey, irrespective of potential administrative changes in Ankara," Can wrote in an article for the Wilson Center. For its part, the US has remained relatively quiet following the news that Turkey's BRICS ambitions may be inching forward, which Aydintaşbaş said was likely a savvy move aimed at avoiding a public dispute.
Persons: , Omer Celik, Tayyip Erdoğan's, Aydintaşbaş, Erdogan, Bulent Aliriza, Yusuf, Aliriza, there's, Turkey's Organizations: Service, AK Party, Reuters, Business, United, Saudi, NATO, EU, West, Brookings Institution, Russia, China, Eurasia Program, Center for Strategic, International Studies, Middle, Wilson Center, Wilson, of Europe, France Locations: Turkey, Ankara, Turkish, Brazil, Russia, India, China, South Africa, Ethiopia, Iran, Egypt, United Arab Emirates, Saudi Arabia, Ukraine, United States, Europe, France, West, Russian, U.S, Washington, Kazan
CNN —Russian-American journalist Alsu Kurmasheva said she’s “finally being treated as a human being” following her release from Russian detention in a historic prisoner exchange between Washington and the Kremlin last week. “I’ve been waking up from that nightmare,” Kurmasheva told CNN’s Jake Tapper on “The Lead” in her first television interview since her release. Kurmasheva rushed into the arms of her husband and daughters on the tarmac after greeting Vice President Kamala Harris and President Joe Biden. The US-backed Radio Free Europe/Radio Liberty journalist had been detained in October 2023 and found guilty of spreading false information about the Russian army – charges her family and employer deny. Kurmasheva and her husband, Pavel Butorin, have two daughters, including one who turned 13 just minutes after reuniting with her mother.
Persons: Alsu Kurmasheva, she’s “, “ I’ve, ” Kurmasheva, CNN’s Jake Tapper, , Evan Gershkovich, Paul Whelan, Kurmasheva, Kamala Harris, Joe Biden, Pavel Butorin, Tapper, , Pavel, ” Pavel, wasn’t, , Gershkovich, haven’t, Vladyslav, Ihar, Andrey Kuznechyk, Kurmasheva’s, she’s, we’ll, Vadim Krasikov, Biden, Hostage Affairs Roger Carstens, Carstens, Trevor Reed, Brittney Griner, we’ve, We’ve, ” Carstens, ” Sen, Lindsey Graham, Marc Fogel, Fogel, someone’s, Jennifer Hansler Organizations: CNN, Base Andrews, Radio Free, Radio Liberty, Wall Street, RFE, Ukrainian Service, publication’s, publication’s Belarus Service, Belarus Service, ” Hostage, Biden, Hostage Affairs, US, Fox News, South Carolina Republican Locations: American, Washington, Maryland, Radio Free Europe, Russian, Kazan, Moscow, Ankara, , Russia, Crimea, publication’s Belarus, Minsk, Belarus, Germany, Berlin
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