... This step will be an important element in the development of economic ties, facilitating financial transactions and simplifying payments for citizens and businesses. In this article, we examine how this may affect investment flows, the development of international trade and tourist flows. Expanding Business Opportunities: Mir Cards to Operate in Iran Starting January 2025 Starting January 2025, Russian Mir banking cards will become available for use in Iran, opening new prospects for businesses and investors ...

.... In the Middle East, Turkey has commenced supplies of Azerbaijani natural gas to Syria – a notable development that diversifies energy supply in the region and partially fills the gas shortage in the Syrian market. Global Agreements and Politics: Trade De-escalation vs. Sanction Pressure On the international stage, two opposing trends continue to unfold. On one hand, there is de-escalation of trade conflicts between leading economies, and on the other, geopolitical confrontation is intensifying. A key event in recent days has been the conclusion ...

... the further progress of gas injections into EU UGS facilities, weather conditions in the remaining summer months, and levels of demand in Asia. Global Agreements and Politics: Transatlantic Deal and Pressure on Russia Recently, the main event on the international agenda has been the trade and energy deal between the U.S. and the EU , which could reshape the dynamics in the global energy market. Recall that Donald Trump and Ursula von der Leyen agreed to an unprecedented increase in American energy exports to Europe in exchange for ...

... accusations of financing Russia. The gas hub would have helped anonymize the origin of the gas. Not only Russian gas would be traded there, but also Azerbaijani gas and LNG. European companies could then say they were buying gas not from Russia, but from ... ... initially proposed this Turkish gas hub, and it would not look good to back out of it now. Second, the hub is important for international interaction. It's like with BRICS: we were threatened with international isolation, but we gathered half the world,...

... balance in the market. Overall, European gas prices are currently significantly lower than the crisis peaks of 2022; however, any supply disruptions or an early cold spell in the fall could once again heighten volatility. Global Agreements and Policy: Trade De-escalation and Sanction Pressures In international affairs, a significant recent development has been the U.S.-EU trade and energy deal, accompanying enhanced sanctions pressures on Russia. Washington and Brussels have crafted agreements aimed at preventing a new trade war: mutual understanding ...