Kirill Dmitriev, CEO of the Russian Direct Investment Fund, highlighted the potential for international investors, particularly from the Global South, to contribute to the development of Russia's Arctic region, driven by the opening of the Northern Sea Route due to global warming.
Kirill Dmitriev, CEO of the Russian Direct Investment Fund (RDIF), recently discussed the potential for international investors, including those from the Global South, to participate in the development of Russia's Arctic region. Dmitriev highlighted that global warming has made the Northern Sea Route along Russia’s Arctic coast more navigable, opening up new opportunities for trade and resource extraction. The RDIF is promoting Arctic projects, and Dmitriev sees rising temperatures as a chance to attract investment from emerging markets. However, geopolitical tensions and environmental concerns could impact future development in the region.
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Start your day informed with AnewZ Morning Brief: here are the top news stories for the 1st of January, covering the latest developments you need to know.
Ukrainian and European officials have rejected Moscow's claims that Ukraine targeted a personal residence of Russian President Vladimir Putin with a drone attack this week, an incident that threatens to disrupt U.S.-led peace negotiations heading into the new year.
Dozens of people are feared dead and around 100 others injured after an explosion tore through a crowded bar during New Year’s Eve celebrations at the Swiss ski resort of Crans-Montana, authorities said.
The Russian radio station known as 'Doomsday Radio' (or UVB-76) unexpectedly began playing ‘Swan Lake’, music from a ballet composition. The last time this was done was during the deaths of Soviet-era leaders and the 1991 coup.
Protests in Iran over soaring prices and a plunging rial have spread to universities in Tehran, as students join shopkeepers and bazaar merchants in demanding government action. With inflation above 42% and the rial at record lows, unrest continues to grow across the country.
As Russia’s war in Ukraine enters its fourth year, rising casualties, economic struggles, and mounting unrest expose cracks in society. Despite Kremlin propaganda, frustration is growing as more Russians question the government’s narrative, according to The Washington Post.
European leaders held talks on Ukraine after Russia said it would revise its negotiating position, citing an alleged Ukrainian drone attack that Kyiv has firmly denied.
India has approved a major arms deal with Israel valued at approximately $8.7 billion, highlighting the deepening defence partnership between the two countries.
Bulgaria marked its entry into the euro zone on Thursday with a display of euro coins on the front of the central bank in the capital, Sofia.
Chelsea Football Club have parted ways with manager Enzo Maresca, after the London side have won just one of their last seven English Premier League games.
Israel will revoke the licenses of 37 aid organisations from operating in Gaza and the West Bank, stating the groups have failed to meet the requirements under new registration rules.
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