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BRICS overtakes G7 in economic output, successfully finances development — expert

Director of the Global South Program at the Quincy Institute for Responsible Statecraft Sarang Shidore noted that BRICS had succeeded in creating the first truly transcontinental club outside the wealthy West

WASHINGTON, September 2. /TASS/. BRICS countries have created the first truly transcontinental group outside the West and overtaken the Group of Seven (G7) in economic output, Director of the Global South Program at the Quincy Institute for Responsible Statecraft Sarang Shidore said.

"Recent flaps notwithstanding, it would be a mistake to call BRICS a failure. In less than two decades, BRICS has succeeded in creating the first truly transcontinental club outside the wealthy West. It now includes all regions of the global south and has overtaken the G7 in terms of economic output," he wrote in an article for Foreign Policy.

Shidore said development financing was "among its (the organization’s - TASS) clearest success stories." He noted that the New Development Bank has operated for 10 years and maintains high credit ratings.

BRICS will hold a summit in New Delhi on September 12-13.

Analysts downgrade forecast for Russia’s GDP growth in 2026 from 0.6% to 0.5%

Expectations for the average key rate in 2026 remained at 14.5%

Berlin deserves strike on all its facilities making military equipment for Kiev — Medvedev

The Russian senior official also described Vladimir Zelensky’s threats against civil aviation in Russian airspace as an attempt by the "Banderite regime" to engage in state terrorism

Number of people injured in US strike on wedding ceremony in Iran rises to 68

The wounded have been taken to hospitals in Sirik and Minab

IN BRIEF: What is known about Russia-US financial chiefs’ meeting

The meeting between Anton Siluanov and Scott Bessent took place on the sidelines of the G20 Finance Ministers and Central Bank Governors Meeting

Under guise of evacuating Kherson, Kiev sends untrained men to front — military expert

Andrey Marochko сlarified that men from the Kherson region are being sent to difficult sections of the front

Two supertankers attacked in Strait of Hormuz — Bloomberg

Both supertankers had deactivated the AIS transponders that reveal their location

Germany’s standard of living falls — Putin

The Russian President pointed out that businesses are closing, people are losing their jobs

Interceptor drone reaching speed up to 1,000 km/h is revolutionary development — expert

The drone acquires its target using machine vision and a thermal imager

Special services always in contact — Putin on CIA director's Russia visit

Direct contacts are also maintained between the heads of special services, Vladimir Putin said

Russia sees China as key partner in peaceful nuclear energy — Putin

The Russian leader expressed confidence that the joint search for optimal paths for the further development of economic cooperation will be productive

Leipzig incident provocation aimed at drawing EU, NATO into clash with Russia — ambassador

Denis Gonchar emphasized that Russia had never sought and does not seek confrontation with Europe, but would do everything necessary to ensure national security and counter the threats emanating from NATO, the EU and the Kiev regime

International Equestrian Federation lifts all restrictions on Russian athletes

The international equestrian body allowed to organize FEI-sponsored tournaments on the territory of Russia

What we know about FIS ruling on Russian athletes’ reinstatement at int’l tournaments

Athletes from Russia will compete as neutrals at international competitions

Moscow vows to respond as Germany announces shutdown of Russian consulate

Russian Ambassador to Germany Sergey Nechayev strongly rejected Berlin’s allegations of Moscow’s involvement in the incident at Leipzig/Halle Airport as unfounded and absurd

Putin, Erdogan discuss Black Sea situation one-on-one — Kremlin aide

The meeting lasted almost an hour and a half

Kremlin aide dismisses rumors of Putin’s refusal to meet with CIA chief

Yury Ushakov said there were no such plans

Peacemaking with Russia is Ukraine's only chance to survive, says Russian senator

"By attempting to force Russia to make peace on Ukraine's terms, Kiev is moving ever closer to a situation where peace terms will be determined by anyone but a weakened and decimated Ukraine," Alexander Voloshin said

What is known about shootout involving security service officers in Kiev

During the initial investigation, the SBU stated that the detainees belonged to one of the Ukrainian Defense Forces units

Russian army liberates 1,000 square kilometers of territory over summer, expert says

Andrey Marochko recalled that Russian troops took control of approximately 90 communities over the summer

Defense industry nearly 100% fulfills vital state orders — first deputy PM

Denis Manturov said the Russian defense industry enterprises are demonstrating a high level of discipline in fulfilling state defense orders

German MFA summons Russian envoy over Leipzig drone incident — foreign minister

Germany will tighten entry controls for Russian nationals, Wadephul added

Trump calls G20 finance ministers' meeting productive

The meeting of G20 finance ministers and central bank governors took place on August 31 and September 1

Russia's gold reserves to ensure global leadership for at least 30 years

Deputy Head of the Federal Agency for Mineral Resources Aslambek Germakhanov noted that the country holds the world's third-largest gold reserves and ranks as the second-largest producer

Russia has responses to aviation threats — minister

The Russian Transport Ministry is constantly improving its flight and airport safety requirements, Andrey Nikitin said

Russian pilots strike Ukrainian UAV control post in Sumy Region with X-39 missile

The target was destroyed by the strike

Putin says Far East, Arctic demonstrating positive development trends

The head of state noted that the regions' development rates exceeded the national average across a number of key indicators

Su-57 fighter jet’s engine can withstand critical temperature of 2,000 degrees — Rostec

The Su-57 is the world’s only fifth-generation fighter that has proven its ability in a real combat environment to efficiently counter Western-made air defense systems

Germany orders Russian Consulate General staff to leave country by Sept 18 — ambassador

The diplomat noted that, in accordance with a decision by the German authorities, the Consulate General in Bonn will be closed by September 18

Putin arrives in Vladivostok to attend Eastern Economic Forum

The Russian president will hold a meeting on the development of the Far Eastern Federal District on the sidelines of the EEF

Witkoff, Kushner fully focused on peace agreements — Rubio

The US State Secretary revealed that the administration had assembled separate teams for every foreign policy area

Putin reports Russian advances on several fronts

Over the past month, 14 settlements have come under the control of Russian forces, Vladimir Putin said

Hungary stalls Ukraine's EU accession talks again — Euractiv portal

Budapest refused to approve the opening of the second and third negotiating clusters, citing the requirement that Kiev first fulfill the agreement on the rights of ethnic Hungarians

Russia sanctions bill 'hanging by a thread' in US Congress — media

House Democrats fear that "the bill as written would give President Donald Trump even more tariff-related authorities that he could abuse"

Russia, China to discuss making visa-free travel permanent — Kremlin

The issue will be discussed and agreed upon by the two sides, Kremlin Spokesman Dmitry Peskov said

Press review: CIA chief's Moscow visit raises questions as Russia warns UK of retaliation

Top stories from the Russian press on Friday, August 28th

'Kiev-regime caliphate,' Zelensky’s green-screen filming: MFA statements

Kiev’s Western sponsors became direct accomplices in its terrorist attacks against children, Maria Zakharova said

Germany to terminate agreement on Russian House in Berlin — foreign minister

In Johann Wadephul's view, Russia is responsible for a "hybrid attack in Leipzig"

Iran attacks US bases in UAE, Bahrain — army statement

The Iranian army said that dozens of drones carried out strikes on radar systems and US troop deployment sites

Putin warns against attempts to 'devour' Russia, slams Kiev’s actions as state terrorism

Russia will find a way to respond if the Kiev regime’s threats against civilian aviation materialize, the head of state emphasized

Kiev loses some 1,330 troops along engagement line in past day — Russia’s top brass

The Russian troops has established control of the Kazachya Lopan settlement in the Kharkov Region and Svyatogorsk in the DPR

Staff of Russian House in Berlin must leave Germany within seven days — Russian ambassador

"As for the Russian House of Science and Culture, the intergovernmental agreement governing its activities will expire in the summer of 2027," Sergey Nechayev said

Russia wants not to freeze, but to end Ukrainian conflict — Putin

Vladimir Putin stressed that Russia is ready for a negotiation process with everyone who wants it

Russia’s air defenses destroy 13 Ukrainian smart bombs, 1,050 UAVs over past day

Russian servicemen liberated the settlements of Novopavlovka and Chervonaya Krinitsa in the Zaporozhye Region over the past 24 hours

Putin notes good level of SCO summit

The Russian leader noted that important documents were adopted

Israel to attack Iranian nuclear facilities if Tehran escalates tensions — portal

The country is interested in maintaining the status quo but is prepared to escalate if necessary

Owners taking measures to protect facilities got nothing to fear — first deputy Russian PM

In order to fall under the effect of the decree, one must repeatedly and deliberately sabotage the implementation of decisions of the Unified National Center, regional headquarters, law enforcement agencies and the government subcommittee, Denis Manturov said

Erdogan says discussed 'all' issues on bilateral agenda with Putin, alluding to S-400s

Earlier, the Turkish press had reported that the S-400s might be sold to a third country to resolve the issues between Turkey and the US regarding the F-35 fighter jets

FACTBOX: What to know about Russian hockey authorities’ CAS lawsuit against IIHF

The case will be heard in late October 2026

Number of Russian companies successfully operating in Armenia — Pashinyan tells Putin

According to the Armenian PM, these companies are highly profitable and pay taxes regularly

US strikes Jiroft airport in southern Iran — TV

The US Central Command said earlier that se series of strikes had been delivered on targets in Iran

Zelensky office head’s mobilization remarks confirm Russian data on losses — expert

Kirill Budanov earlier stated that Ukraine needed to mobilize at least 30,000 people every month to maintain troop levels

Russian Foreign Ministry summons German charge d’affaires — MFA

Bernd Finke was summoned to the ministry over yesterday’s anti-Russian actions and statements by the German authorities

Russian, US finance ministries see basis for developing bilateral ties — Siluanov

According to the Russian Finance Minister Anton Siluanov, economic ties between Russia and the United States could help resolve political issues, and the two countries should continue their dialogue

Putin holds meeting with Chinese vice premier

Ding Xuexiang previously attended the St. Petersburg International Economic Forum in June 2025

IN BRIEF: What is known about summoning of German Charge d'Affaires to MFA

According to the Russian Foreign Ministry, Bernd Finke was told that Russia resolutely rejects Germany's completely trumped-up accusations regarding the incident in Leipzig

Press review: NATO excludes Russia from drone probes as Japan pursues remilitarization

Top stories from theRussian press on Wednesday, September 2nd

Ensuring safety of refineries and maintenance schedules: statements by Novak

The Russian Deputy PM revealed that oil companies were allocating funds to protect oil refineries and interacting with the Defense Ministry

IRGC claims elimination of US personnel in Jordan base strike

The strike followed US strikes on Iran, with explosions reported on Iran's southern coast

Iran launches retaliatory attack on US strongholds in Middle East — agency

The attack is carried out with the use of missiles and UAVs

Armenian law on EU membership was public initiative, no need for referendum — PM

Earlier during the meeting, Putin called on Pashinyan to let his country's people vote on accession to the European Union and close the topic

Kiev losing conflict, can't expect better deal than it backed out of in 2022 — US analyst

Ted Snider pointed out that the continued hostilities had catastrophic consequences for Kiev

Decree on temporary management generalized work already underway — first deputy Russian PM

Denis Manturov noted that business is maximally involved in work at all levels, being in constant contact with government authorities

Russian envoy calls German measures over Leipzig drone incident unprecedented escalation

Sergey Nechaev also expressed regret that the German authorities continue their course toward systematically dismantling the once-solid framework of Russian-German cooperation

Armenia cannot be members of both EU, EAEU, despite its friendship with Russia — Putin

According to the Russian President, this is due to differences in phytosanitary regulations and technical standards

Bessent stresses importance of contacts with Russia for settlement in Ukraine

US Treasury Secretary Scott Bessent emphasized that the conflict cannot be solved, if the sides don't talk

Bank of Russia extends restrictions on foreign currency cash withdrawals until next March

The Bank of Russia first introduced restrictions on cash withdrawals of foreign currency in 2022

Putin, Erdogan begin bilateral meeting in Bishkek

The meeting is taking place in the Aksakals Hall at the Ala Archa State Residence

Russian senior diplomat discusses Arctic, NATO’s preps for military conflict with Moscow

Alexander Grushko pointed out that the West had declared the Arctic a zone of geopolitical competition and is determined to secure military superiority there

Kiev is amassing reserves, nationalist units in occupied part of Donbass — expert

Holding the remaining territory of Donbass is currently Kiev's primary strategic objective

Erdogan tells Putin Turkey ready to help achieve peace in Ukraine

The Turkish leader believes that his Russian counterpart was ready for the conflict to end

SCO has no practice of members imposes anything on one another — Putin

The Russian leader called the SCO an attractive platform because all matters in the organization are resolved by consensus and on the basis of agreements

US discusses issues related to sanctions against Iran with Russia, China — Bessent

US Treasury Secretary Scott Bessent did not specify the substance of the consultations

EU defense ministers make no progress in finding Patriot missiles for Kiev — Kallas

The EU top diplomat reiterated that countries with limited remaining stocks of Patriot missiles nearing their expiration dates should send them to Ukraine

Medvedev describes European leaders as sponsors of Kiev regime’s terrorism

The Russian Security Council deputy chairman pointed to Russophobic course pursued by Germany's current leadership

Warehouse with dual-use goods, energy infrastructure hit: strikes by Russian Armed Forces

The Russian Armed Forces hit the Stellar Jet logistics center near the Vishnevoye settlement in the Kiev region using Geran-4 Seeker drones

Russia to respond to closure of consulate in Bonn "as sees fit" — deputy foreign minister

"Everything will be very quick," Alexander Grushko said

Two tankers in Strait of Hormuz struck mines, engulfed in flames — IRGC

The IRGC stressed that recent US strikes on southern Iran would in no way weaken the Islamic Republic’s control over the Strait of Hormuz

IN BRIEF: Putin, Pezeshkian discuss Iran-US conflict, support for Tehran

The Iranian leader thanked the Russian president for supporting the Islamic Republic during its conflict with the United States

CSTO needs expert assessment to resolve issues of Armenian-Azerbaijani border — Putin

Armenia insisted on protection from the Collective Security Treaty Organization (CSTO) for "certain sections of the border," but no documents on the delimitation of the Armenian-Azerbaijani border have yet been signed, Vladimir Putin said

Iranian forces attack US bases in Iraqi Kurdistan

The Islamic Revolutionary Guard Corps has carried out a combined missile and drone attack

Putin confident Rosatom will launch power unit at Akkuyu NPP in 2026

The Russian president said the company is on schedule

Advanced economies' sovereign bonds hit record $59 trillion in 2025 — Siluanov

According to Anton Siluanov, persistent imbalances often reflect a decline in the relative competitiveness of producers in importing countries, including lagging productivity, rising costs and insufficient investment and technology

Communique based on results of G20 finance ministers' meeting not agreed upon — Bessent

The head of the US Treasury Department noted that the United States had prepared a final statement as the chair of this meeting

Putin to answer media questions today

The event is expected to take place after the Russian leader wraps up his bilateral meetings

Talks on Ukraine frozen to certain extent, but Russia ready for contributions — Putin

Vladimir Putin also stated that the Russian army delivered targeted strikes, hitting only vessels delivering weapons or ammunition to Ukraine

Armenia’s EU-ward movement equals de facto withdrawal from EAEU — Putin

Membership in both economic organizations is impossible, the Russian leader stressed

IN BRIEF: What to know of Zelensky’s threats to Russian civil aviation, Moscow’s response

Russian Transport Minister Andrey Nikitin highlighted that the ministry is constantly strengthening flight and airport security requirements and stands ready to respond to any threat

Iran warns US of severe response to its attacks on Iran — IRGC

The United States will regret its new attacks, IRGC spokesman Hossein Mohebi stated

Yerevan says EU bid doesn't nullify EAEU membership — PM

Nikol Pashinyan noted that Armenia had analyzed the legal framework and had found no violations of Armenia’s obligations to Russia and the EAEU

SCO expansion must not turn it into amorphous structure — Putin

Russian President Vladimir Putin emphasized that the SCO is now one of the most powerful regional structures in the world

Turkey could say yes to SCO, but won't say no to relations with West — Erdogan

According to the head of state, Turkey’s participation in the SCO+ summit confirmed its wish to diversify its economic, political, and strategic opportunities

FACTBOX: What to know about Russian Foreign Ministry summoning German charge d’affaires

Bernd Finke left the ministry building after an hour

Musk not letting Kiev use Starlink against Russia without White House’s consent — FT

According to the newspaper, the businessman explicitly stated his position in a conversation with former Ukrainian Defense Minister Mikhail Fyodorov

Container shipping via Northern Sea Route growing exponentially — Grushko

Russian Deputy Foreign Minister Alexander Grushko noted that Russia's partners are showing increasing interest in using the Northern Sea Route

Germany to close Russian Consulate General in Bonn on September 18 — foreign minister

According to Johann Wadephul, the German government is taking measures against Russia as the party responsible for the incident in Leipzig

Berlin provides zero evidence of Russian involvement in Leipzig incident — ambassador

The Russian Embassy in Berlin earlier described the incident as a hastily fabricated provocation

SCO declaration omits Ukraine conflict, addresses nuclear disarmament

SCO countries voiced "deep concern over developments in the Middle East" and backed a diplomatic settlement

Russia will not buy double-dealing calls for Ukraine ceasefire by EU, NATO — envoy

Russian Ambassador to Belgium Denis Gonchar reiterated Moscow’s continuous commitment to achieving a long-term and sustainable solution to the Ukraine crisis

Russia's hard-to-recover gas reserves, resources estimated at around 30 tcm

Alexander Kozlov said that the Russian Natural Resources Ministry supports providing state assistance to companies transitioning to the production of hard-to-recover hydrocarbon reserves

European politicians take summer break at inopportune time for Ukraine — Zelensky

Kiev acknowledges that the country has completely exhausted its own resources and that finding funds is becoming increasingly difficult

Anti-Russian actions by Germany to draw tough response — MFA

Germany’s decision to close the Russian Consulate General in Bonn and the Russian House in Berlin marks another step toward the final destruction of Russia-Germany relations, the Russian Foreign Ministry said