The SME services sector in Russia is feeling an economic pinch, as the multiple effects of sanctions, inflation, and high interest rates combine to make certain sectors of the Russian consumer economy distressed. At present, this is being felt by the restaurant trade, with hundreds of small cafes forced to close. It is an early […]
Part Two of a Seven-Part Series in which we document the rise of the new outbound Russian entrepreneurial investor. From 2022 onward, Russia’s entrepreneurs and companies have been reshaping their foreign economic engagements in response to geopolitical realignments. As Western sanctions constrained access to traditional Western markets, Russia’s business community began to seek deeper footholds […]
The BRICS countries need strategic maritime cooperation in order to enhance security along global shipping lanes from Western piracy, according to Russian presidential aide Nikolay Patrushev. In recent weeks, the United States and France have seized tankers in international waters that they claim are transporting sanctioned oil, while the United Kingdom has said it will […]
The Russian State Duma has ratified amendments to four Russian-Bangladesh intergovernmental loan agreements related to the construction of a nuclear power plant in Bangladesh. Russian Deputy Finance Minister Vladimir Kolychev stated that “The amendments were agreed and signed to overcome difficulties with settlements in unfriendly currencies for government loans previously provided to Bangladesh. The protocols […]
Iraq’s cabinet has approved an “amicable settlement” with Russia’s Lukoil on transferring oil production operations at the huge West Qurna 2 field to the Basra Oil Company. The agreement concerns invoices and the employment of foreign personnel certified by an authoritative external auditor, the cabinet said in a statement. The transfer has occurred in line […]
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There has been a lot of noise about the Russian economy ‘collapsing’, and especially in speeches made last week by several European politicians. But is it? Here are nine Russian January 2026 economic indicators: Other Dubious Statements About Russia There were also several dubious statements made by European leaders in terms of describing the […]
Russia’s Rusagro Group, one of the country’s leading agricultural businesses, has created a joint venture, Solrost, with Turkish businessman Sarikurt Bedirkhan for seed production. Solrost will cultivate grains (except rice), leguminous crops, and oilseed seeds. 67% of Solrost is owned by Rusagro, with Bedirkhan holding 33%. Bedirkhan is associated with the Turkish agricultural company, Genesis […]
The Afghanistan Chamber of Commerce and Investment (ACCI) has held meetings with a Russian trade delegation from Dagestan to discuss strengthening bilateral trade and economic cooperation. This follows reports from several media outlets that on February 14, the Afghanistan Chamber of Commerce and Industries (ACCI) announced the signing of five commercial agreements worth a total […]
Monday (February 16) is Lunar New Year’s Eve and is the traditional day for families throughout Asia to come together, have a huge dinner, and wait for midnight to welcome in the beginning of a New Year. Because a year of twelve lunar months is 11 days shorter than a solar year (which determines the […]
Part One of a Seven-Part Series in which we document the rise of the new outbound Russian entrepreneurial investor. The Gulf Cooperation Council (GCC) region has emerged as one of the most strategically contested economic theaters of the 2020s. No longer defined solely by hydrocarbons, the Gulf today represents a global capital allocator, logistics nexus, […]
Western media commentary this past few days has been in uproar concerning Russia’s decision to limit or cease domestic access to Telegram and WhatsApp, with popular ‘analysis’ about this commonly referring to them as being banned. In reality, the situation is rather more complex than this. Russia—as many in the West appear not to realize—has […]
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