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Britain, Russia Face Rocky Relations as Liz Truss Becomes New Prime Minister

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Liz Truss Sergey Lavrov new Prime Minister

By Kestér Kenn Klomegâh

The Russian and Western media headlines have glaringly shown the future of Britain-Russia’s bilateral relationship and how that will further work in a multilateral format in the context of the current global changes as Ms Liz Truss becomes Britain’s new Prime Minister.

Of course, this does not need a simplified or detailed explanation, as both have locked horns over many publicly-known issues within the context of geopolitical changes.

Media articles’ headlines, “Kremlin scathing over Truss but Kyiv praises Britain’s new PM” (The Guardian) and, “Russia says relations with Britain could get worse as Truss elected PM” (The Independent) painted gloomy pictures of the future relations between the two countries. And of course, Britain and Russia have been struggling to raise their bilateral relations during these past several years with little success.

Britain’s new Prime Minister Liz Truss is not new to Britain and Russia’s politics and diplomacy, and geopolitical changes. She previously served as the British Foreign Secretary. Now, she has won the race for the leadership of the ruling Conservative Party, as indications from the results of an internal party vote, declared on September 5.

Truss, 47, received the votes of 81,326 rank-and-file Conservatives. Her rival, former Finance Minister Rishi Sunak, 42 got 60,399 votes. As the leader of the ruling party, Truss replaces Boris Johnson as Prime Minister and has to appoint a new cabinet. Truss becomes Britain’s 56th Prime Minister, and formally confirmed as head of Her Majesty’s Government at an audience with Queen Elizabeth II.

Ms Liz Truss’ perspectives on many important issues are completely at variance with the position often taken by the Russian Federation.

In July 2022, Foreign Ministry Spokeswoman Maria Zakharova criticized her in an official statement for her anti-Russia remarks which are invariably steeped in painful aggression and nationalism, that is, Russophobia. Within the political spectrum, she is considered a threat to the country and its leadership, especially the current “special military operation” in Ukraine.

“She looks like a second-rate politician afflicted by megalomania. And she is doing all of this instead of addressing the issues at home, which are plenty. This collection of empty slogans vocalised by a raging Truss clearly shows that, in fact, she is either unable to spot the serious crisis in the economy and in domestic politics in a country whose government she is striving to lead, or she simply does not know how to overcome it and is trying to distract voters. Clearly, the well-being and living standards of ordinary Brits are not among her priorities,” Zakharova described her in comments posted to the official website on July 14.

While there are thousands of shreds of evidence pointing to the worsening bilateral relations in political, economic and cultural spheres between the two countries, Russia usually slams Britain together with the European Union into the same category. Similar to the previous well-known Cold War, Russia is battling multiple confrontations from the United States and European Union.

Russia, most often, views Britain from its historical perspectives and the colonial past and directly connects with the present time. Russian authorities have convincingly and publicly highlighted the British colonial practices that spanned more than half a century. Perhaps, taking a line from Russia’s MFA sources, Russia views these two geopolitical blocs as “aggressive and warlike nature and obvious narrow-mindedness” and to deepen our understanding of the situation.

As Foreign Minister Sergey Lavrov pointed out during the 30th Assembly of the Council on Foreign and Defence Policy, “The external circumstances have not changed radically, not becoming more elevated unfortunately with each passing day. The choice we have taken is made easier by the fact that the ‘collective West’ has declared a total hybrid war against us. It is hard to forecast how long this will last. But it is clear that its consequences will be felt by everyone without exception throughout the world.”

Lavrov further explained that this is not only and not so much about Ukraine, having decided the way to global hegemony, which is being used as an instrument to contain the peaceful development of the Russian Federation in the context of their course to perpetuate a unipolar world order, right after the end of the Cold War. Russia’s diplomacy is, on the one hand, to act with great resolve to fend off all adversarial attacks, while, on the other hand, to consistently, calmly and patiently reinforce positions in order to facilitate Russia’s sustained development from within and improve the quality of life for its people.

Britain’s diplomacy has posed problems, in the political, economic and cultural spheres of the Russian Federation. In the cultural sphere, for instance, Russia was forced to close the British Council. Until now, educational and consular services are still not resolved, and many important issues in political and economic bilateral cooperation. At one time, the fatal 2006 poisoning of former Russian security officer Alexander Litvinenko in London. And the next one, London also used the incident in Salisbury linked with the suspected poisoning of former GRU employee Sergei Skripal and his daughter Yulia as a provocation against Russia.

Britain has joined the United States, Canada, Europe, Australia and many other countries in imposing draconian sanctions on Russia. In addition to that, Britain as a member of the Group of Seven acts in complete coalition with Canada, France, Germany, Italy, Japan and the United States on a number of issues against the Russian Federation. The Group of Seven is composed of the seven wealthiest advanced countries.

After the historic fall of the Soviet era, Russia dreamed of raising its status by joining international organizations. Over the past three decades, Russia became a member of many global bodies, participating actively in the United Nations. But with the Group of Eight (G-8), due to sharp differences among members and the last straw relates to its undertaking of “a special military operation” in Ukraine, Russia ultimately withdrew its membership.

David Harding, a British journalist and author, in early September wrote that Russia’s relations with Britain would get worse under new Prime Minister Liz Truss. He referred to issues that include a growing energy price crisis and the war in Ukraine, both of which are affected by Britain’s relations with Russia. The article was based on Kremlin’s warning shots across the new government by claiming that the low level of the current relations between Moscow and London could get even worse than they are now.

“I wouldn’t like to say that things can change for the worse, because it’s hard to imagine anything worse,” Kremlin spokesman Dmitry Peskov said when asked if Moscow expected any shift in relations with Britain. “But unfortunately, this cannot be ruled out, given that the contenders for the post of British prime minister competed with each other in anti-Russian rhetoric, in threats to take further steps against our country, and so on. Therefore, I don’t think that we can hope for anything positive.”

Truss is chiefly known in Russia for a visit she made to Moscow in February when she and Foreign Minister Sergey Lavrov held a rancorous meeting. Lavrov described their conversation as like a dialogue between deaf and mute people, complaining that facts had ‘bounced off’ her. Russia’s foreign ministry has also openly mocked her over geographical gaffes, including on one occasion when she mixed up the Black and Baltic seas.

Truss openly challenged Lavrov at their meeting over Russia’s troop build-up near Ukraine, saying: “I can’t see any reason for having 100,000 troops stationed on the border, apart from to threaten Ukraine.” Moscow, which had denied invasion plans, sent its troops in two weeks later. Since then, Britain has been one of the most active and vocal supporters of Ukraine in the war, supplying it with weapons and training.

While there have been several congratulatory messages for Liz Truss, none came from Russia’s official domain. Dutch PM Mark Rutte said on Twitter: “The Netherlands has long enjoyed close ties with the UK, and I look forward to working with Ms Truss to strengthen them even further.”

In addition, Austrian media compared her to Margaret Thatcher but one French newspaper, Les Echos, called her an Iron Weathercock, rather than Iron Lady, for constantly changing political position. Further, German chancellor Olaf Scholz also took to social media to proclaim: “The UK and Germany will continue to work closely together – as partners and friends.”

Russian media, however, published many reports about political developments and have speculated about the directions in future relations. Russia’s wide-circulated Izvestia wrote that British Foreign Secretary Liz Truss has become the new prime minister. As a successor and loyal supporter of former leader Boris Johnson, Truss would lead the ruling Conservative Party, at least, till the 2024 parliamentary election. “Notorious for her harsh rhetoric on Russia, Truss used it proactively in her election campaign. And yet foreign policy is secondary for the British, with a solution to the energy crisis and the fight against falling living standards being their top priorities,” wrote the newspaper.

The British PM favours active support for Kiev and believes the goal for London is to have Russia defeated in Ukraine. With that in mind, Truss could be viewed as a direct successor of Boris Johnson’s policies. The outgoing premier, perhaps, was involved in the Ukrainian conflict more than any other Western leader. Boris Johnson visited Kiev, the Ukrainian capital, three times since Russia launched its special military operation, and he was accused of overlooking domestic issues due to his preoccupation with foreign policy.

The key tasks faced by the new prime minister certainly relate to the economy and the well-being of ordinary citizens. “The United Kingdom is faring much worse economically than the other West European countries,” Vasily Yegorov, an expert on British politics and the author of the Westminister channel on Telegram, told Izvestia. According to forecasts, Great Britain could face 18-22% inflation rates. If the government copes with that issue this fall, it would be easier further down the road. Truss should come up with her economic program in the near future.

Britain and Russia established relations several years ago. Even with the end of the Cold War and the fall of the Berlin Wall much of the relationship has been under constant strain. During these past few years, the relationship has been tense due to European Union sanctions against Russia. The British were viewed as a driving force for those sanctions, making the relationship awkward. In conclusion, Britain and Russia will still have rocky relations in the coming years and even more turbulent over many bilateral and global policy issues under Liz Truss, the new Prime Minister of Britain.

World

Comviva Wins at IBSi Global FinTech Innovation Award

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Rajesh Chandiramani

By Modupe Gbadeyanka

For transforming cross-border payments through its deployment with Global Money Exchange, Comviva has been named Best In-Class Cross Border Payments.

The global leader in digital transformation solutions clinched this latest accolade at the IBS Intelligence Global FinTech Innovation Award 2025.

The recognition highlights how Comviva’s mobiquity Pay is helping shape a modern cross-border payment ecosystem that stretches far beyond conventional remittance services.

Deployed as a white label Wallet Platform and launched as Global Pay Oman App, it fulfils GMEC’s dual vision—positioning itself as an innovative payment service provider while digitally extending its core money transfer business.

The solution allows GMEC to offer international money transfers alongside seamless forex ordering and other services. These capabilities sit alongside a broad suite of everyday financial services, including bill and utility payments, merchant transactions, education-related payments, and other digital conveniences — all delivered through one unified experience.

“This award is a testament to Oman’s accelerating digital transformation and our commitment to reshaping how cross-border payments serve people and businesses across the Sultanate.

“By partnering with Comviva and bringing the Global Pay Oman Super App, we have moved beyond traditional remittance services to create a truly inclusive and future-ready financial ecosystem.

“This innovation is not only enhancing convenience and transparency for our customers but is also supporting Oman’s broader vision of building a digitally empowered economy,” the Managing Director at Global Money Exchange, Subromoniyan K.S, said.

Also commenting, the chief executive of Comviva, Mr Rajesh Chandiramani, said, “Cross-border payments are becoming a daily necessity, not a niche service, particularly for migrant and trade-linked economies.

“This recognition from IBS Intelligence validates our focus on building payment platforms that combine global reach with local relevance, operational resilience and a strong user experience. The deployment with Global Money Exchange Co. demonstrates how mobiquity® Pay enables financial institutions to move beyond remittances and deliver integrated digital services at scale.”

“The deployment of mobiquity Pay for GMEC showcases how scalable, API-driven digital wallet platforms can transform cross-border payments into seamless, value-rich experiences.

“By integrating remittances, bill payments, forex services, and AI-powered engagement into a unified Super App, Comviva has reimagined customer journeys and operational agility.

“This Best-in-Class Cross-border Payments award win stands as a testament to Comviva’s excellence in enabling financial institutions to compete and grow in a digitally convergent world,” the Director for Research and Digital Properties at IBS Intelligence, Nikhil Gokhale, said.

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Russia Renews Africa’s Strategic Action Plan

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Russia Africa's Strategic Action Plan

By Kestér Kenn Klomegâh

At the end of an extensive consultation with African foreign ministers, Russian Foreign Minister, Sergey Lavrov, has emphasized that Moscow would advance its economic engagement across Africa, admittedly outlining obstacles delaying the prompt implementation of several initiatives set forth in Strategic Action Plan (2023-2026) approved in St. Petersburg during the Russia-Africa Summit.

The second Ministerial Conference, by the Russian Foreign Ministry with support from Roscongress Foundation and the Arab Republic of Egypt, marked an important milestone towards raising bilateral investment and economic cooperation.

In Cairo, the capital city of the Arab Republic of Egypt, Lavrov read out the final resolution script, in a full-packed conference hall, and voiced strong confidence that Moscow would achieve its strategic economic goals with Africa, with support from the African Union (AU) and other Regional Economic blocs in the subsequent years. Despite the complexities posed by the Russia-Ukraine crisis, combined with geopolitical conditions inside the African continent, Moscow however reiterated its position to take serious steps in finding pragmatic prospects for mutual cooperation and improve multifaceted relations with Africa, distinctively in the different sectors: in trade, economic and investment spheres, education and culture, humanitarian and other promising areas.

The main event was the plenary session co-chaired by Russian Foreign Minister Sergey Lavrov and Egyptian Minister of Foreign Affairs, Emigration, and Egyptians Abroad Bashar Abdelathi. Welcome messages from Russian President Vladimir Putin and Egyptian President Abdelhak Sisi were read.

And broadly, the meeting participants compared notes on the most pressing issues on the international and Russian-African agendas, with a focus on the full implementation of the Russia-Africa Partnership Forum Action Plan for 2023-2026, approved at the second Russia-Africa Summit in St. Petersburg in 2023.

In addition, on the sidelines of the conference, Lavrov held talks with his African counterparts, and a number of bilateral documents were signed. A thematic event was held with the participation of Russian and African relevant agencies and organizations, aimed at unlocking the potential of trilateral Russia-Egypt-Africa cooperation in trade, economic, and educational spheres.

With changing times, Africa is rapidly becoming one of the key centers of a multipolar world order. It is experiencing a second awakening. Following their long-ago political independence, African countries are increasingly insisting on respect for their sovereignty and their right to independently manage their resources and destiny. Based on these conditions, it was concluded that Moscow begins an effective and comprehensive work on preparing a new three-year Cooperation and Joint Action Plan between Russia and Africa.

Moreover, these important areas of joint practical work are already detailed in the Joint Statement, which was unanimously approved and will serve as an important guideline for future work. According to reports, the Joint Statement reflects the progress of discussions on international and regional issues, as well as matters of global significance.

Following the conference, the Joint Statement adopted reflects shared approaches to addressing challenges and a mutual commitment to strengthening multifaceted cooperation with a view to ensuring high-quality preparation for the third Russia-Africa Summit in 2026.

On December 19-20, the Second Ministerial Conference of the Russia-Africa Partnership Forum was held in Cairo, Egypt. It was held for the first time on the African continent, attended by heads and representatives of the foreign policy ministries of 52 African states and the executive bodies of eight regional integration associations.

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TikTok Signs Deal to Avoid US Ban

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Forex Advice on TikTok

By Adedapo Adesanya

Social media platform, TikTok’s Chinese owner ByteDance has signed binding agreements with United States and global investors to operate its business in America.

Half of the joint venture will be owned by a group of investors, including Oracle, Silver Lake and the Emirati investment firm MGX, according to a memo sent by chief executive, Mr Shou Zi Chew.

The deal, which is set to close on January 22, 2026 would end years of efforts by the US government to force ByteDance to sell its US operations over national security concerns.

It is in line with a deal unveiled in September, when US President Donald Trump delayed the enforcement of a law that would ban the app unless it was sold.

In the memo, TikTok said the deal will enable “over 170 million Americans to continue discovering a world of endless possibilities as part of a vital global community”.

Under the agreement, ByteDance will retain 19.9 per cent of the business, while Oracle, Silver Lake and Abu Dhabi-based MGX will hold 15 per cent each.

Another 30.1 per cent will be held by affiliates of existing ByteDance investors, according to the memo.

The White House previously said that Oracle, which was co-founded by President Trump’s supporter Larry Ellison, will license TikTok’s recommendation algorithm as part of the deal.

The deal comes after a series of delays.

Business Post reported in April 2024 that the administration of President Joe Biden passed a law to ban the app over national security concerns, unless it was sold.

The law was set to go into effect on January 20, 2025 but was pushed back multiple times by President Trump, while his administration worked out a deal to transfer ownership.

President Trump said in September that he had spoken on the phone to China’s President Xi Jinping, who he said had given the deal the go ahead.

The platform’s future remained unclear after the leaders met face to face in October.

The app’s fate was clouded by ongoing tensions between the two nations on trade and other matters.

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