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Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian President Vladimir Putin is having a very social year as his country continues to wage war in Ukraine. So far, Putin has met top leaders from Asian countries including China, India, Vietnam, and Indonesia. Russia is the BRICS chair this year, and Putin has invited Mongolia to join the group's summit in October. Russia's push for a multipolar world order resonates with countries who desire a more equitable international order.
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CNN —Pope Francis formally began his 8,000-kilometer trip to Mongolia on Saturday, a country sandwiched between Russia and China that has a tiny Catholic population. With just 1,500 Catholics in the entire country, the visit was lacking the usual fanfare and mass crowds typically associated with Pope Francis’ trips abroad. Yang Guang from China told Reuters: “I’m just extremely happy because this is the first time I’ve seen him. He came at the invite of the government and spent the first day resting,Mongolian President Ukhnaagin Khurelsukh signs the honor book alingside Pope Francis on Saturday. China is officially an atheist state, but religious practice is legal in the country – albeit under tight government supervision and surveillance.
Persons: Pope Francis, Pope Francis ’, Pope, Yang Guang, , I’ve, It’s, I’m, Ukhnaagin Khurelsukh, alingside Pope Francis, Remo Casilli, Madame Tsetsege, ” Pope Francis, Saints Peter, Louise Delmotte, , Ukhnaagiin Khurelsukh Organizations: CNN, Reuters, Vatican Media, Chinese Patriotic Catholic Association, Saints, Paul Catholic Cathedral, Vatican News Locations: Mongolia, Russia, China, Ulaanbaatar, Portugal, Mongolian, Moscow, Ukraine
Negotiations will be complex, however, not least because China is not expected to need additional gas supply until after 2030, industry experts said. The proposed pipeline would bring gas from the huge Yamal peninsula reserves in west Siberia - the main source of gas supply to Europe - to China, the world's top energy consumer and growing gas consumer. The idea gained impetus when the first pipes of the currently operational Power of Siberia pipeline were laid in Russia's eastern Yakutia region in 2014. DOES CHINA NEED MORE RUSSIAN GAS? Russia's Gazprom already supplies gas to China through the first Power of Siberia pipeline under a 30-year, $400 billion deal, which was launched at the end of 2019.
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