Member states are seeking to improve the international monetary and financial system, the Russian foreign minister says BRICS is prioritizing the creation of a platform that will enable member states to conduct transactions in national currencies, Russian Foreign Minister Sergey Lavrov has said.

The German and French leaders should retire after suffering damaging EU election defeats, the former Russian president has argued German Chancellor Olaf Scholz and French President Emmanuel Macron should abandon politics after their respective parties suffered damaging setbacks in the European Parliament elections, former Russian President Dmitry Medvedev believes.

Members of the bloc have shelled out $630 billion to replace Moscow’s resources, Igor Sechin has said EU nations spent more than $630 billion on non-Russian gas imports in the three years through 2023, the head of Russian oil major Rosneft, Igor Sechin, told an energy panel at the St. Petersburg International Economic Forum (SPIEF)…