Common currency in BRICS not considered yet — Putin
According to the Russian leader, BRICS countries are exploring opportunities of using national currencies and creating instruments making such work safe at the moment
According to the Russian leader, BRICS countries are exploring opportunities of using national currencies and creating instruments making such work safe at the moment
Opportunities are also being explored of broadening the use of national currencies and creating instruments enabling to make this work safe, the Russian leader noted
The Russian president added that creating "such an instrument that will be practically non-inflationary" could be another step in the development of the Global South
"Forming of new centers of development" is the sign of time, the Russian leader underlined
All the countries of the world are now thinking of whether it is worth to use the dollar if the US limits the dollar use as a universal international settlement unit due to political considerations, the Russian president noted
"Good relations with the BRICS countries - and we are open to these good relations - will have a beneficial effect on the entire global economy," the Russian leader said
WTI futures with the settlement in December lost 2.51% to $68.33 per barrel
The Russian leader pointed out that it "helps strengthen the yuan as an international currency"
According to Wang Wen, the motivation for ending the conflict should be based on both sides' consensus on the goals of a ceasefire and compromise in their mutual interests
The BRICS group has gone through two waves of expansion since its founding in 2006
Presidential Aide Yury Ushakov earlier reported that approximately 20 meetings were on Putin's agenda at the BRICS summit
"You could spend an eternity analyzing what this man and his team say, but we realize that such attempts are in vain, unnecessary, and even counterproductive," the top Russian diplomat stressed
Abdel Fattah el-Sisi is convinced that "the role of BRICS is greatly enhancing in times of current global economic growth, given the member states’ great economic and investment opportunities"
Envoy Mikhail Khorev said that Russia "advocates for the ideals of clean and fair sport, which fully adheres to the spirit and principles of the Olympic Charter"
"Revenues for the next three years are planned without taking into account the Brent and St. Petersburg exchange quotations," Alexey Sazanov said
Investigation is underway to ascertain all the causes and circumstances of the accident, the regulator reported
The renewal of the export duty is not discussed, Deputy Finance Minister Alexey Sazanov said
Mikhail Mishustin also pointed to other positive changes in the domestic economy
According to Mark Rutte, NATO member states decided to boost their work on the standardization of NATO weapons
On Thursday, the European Union announced it was halting Georgia’s accession process, accusing the country of going against European values
The sides have the opportunity to discuss current issues, primarily in the sphere of trade, tourism, people-to-people contacts, directly with the relevant Georgian authorities, if necessary, the Russian top diplomat stressed
A joint action plan will be prepared to implement tasks in the memorandum, which will comprise consideration of issues related to identification of existing restrictions and preparation of proposals on development of trade and economic ties and cooperation
The Russian leader agreed with South African President Cyril Ramaphosa's words that one of the key tasks for the leaders of all BRICS countries is to develop and support business development
Mikhail Bogdanov emphasized that the Arab countries have always been regarded by Russia as "a natural ally, playing a significant role in global affairs and possessing vast cultural, economic and political potential"
In May, the World Bank updated its GDP data at purchasing power parity, taking into account data for 2021, Russia entered the top four economies in the world