Sergey Lavrov, Russia’s Foreign Minister, is meeting with Wang Yi, China’s Foreign Minister (and State Councillor) on Monday and Tuesday (April 8 & 9) in Beijing to discuss bilateral cooperation and plans for Vladimir Putin’s meetings with Xi Jinping next month. Talks between Lavrov and Chinese Foreign Minister Wang Yi, who extended the invitation to […]
Russian consumers now possess more income at their disposal since pre-covid times, where according to Macrotrends Russian consumer spending rose 19.68% in 2022. That has led to seven new international brands opening their first stores in Russia during Q1 2024, according to Nikoliers a commercial real estate consulting firm. “Based on the results of the […]
India’s PSK Biotech Private Limited has signed an agreement to start manufacturing personal hygiene products, diapers, and medical supplies in the city of Yuzhno-Sakhalinsk, in Russia’s Far East Sakhalin region. Production is planned to launch in November this year. The initiative would also significantly reduce the Sakhalin region’s reliance on imported technology and shorten the […]
Our Look Back At Some Of The Weeks Most Bizarre Russo Political Moments US-Russia Manure Trading Bourse Opens It’s been great to see sensible adult dialogue is back in vogue, with White House National Security Communications Adviser John Kirby stating that Russian comments about the appalling attack on Crocus City reminded him of what his […]
The Russian Finance Ministry has transferred ₽7.8 billion (US$84.4 million) to the National Settlement Depository (NSD) to pay a coupon yield on sovereign Eurobonds maturing in 2042, the ministry said. NSD, the payment agent, has received the funds. A Eurobond is a bond issued offshore by governments or corporates denominated in a currency other than […]
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The United States has imposed sanctions against Russia’s JSC NSPK, the operator of MIR payment cards. These act as a Russian form of Visa and Mastercard and allow card holders the ability to access ATM machines, pay for goods in stores and conduct transactions. The latest countries to be targeted by US secondary sanctions are […]
Denis Manturov, the Russian Industry and Trade Ministry expects manufacturing output could grow at least 5% if current trends persist in 2024, he said to the State Duma on Wednesday (April 3). “Everything will depend on many factors, including monetary policy, but given the results we see in the first two months, I think that […]
The rise of AI in media usage and amongst the tactics and mechanisms used to constantly paint a specific persuasive – often political or opinionated message to the mass population is the use of lexicological embellishment. For this, we should be grateful to the journalistic guidelines espoused by the great Ernest Hemingway, who cautioned against […]
Russia’s foreign debt, already amongst the lowest of developed nations, is continuing to be reduced as a matter of government policy. Its entities have been steadily reducing the amount of money they owe to foreign lenders, according to the latest official data. The Russian regulator and central bank, the Bank of Russia announced that national […]
Serbian President Aleksandar Vucic has said he may attend the 2024 BRICS summit planned to be held in Kazan in October. As chair of BRICS for 2024, Russia is hosting the group’s annual summit, with the event comprising over 200 political, economic, and public forums. The exact dates of the summit have yet to be […]
Russian current SME demand for intermediary agents to work with counterparties from China is growing at a record pace and includes a whole range of services – from searching for manufacturers of goods in demand in Russia, their delivery to setting up payment processes. The popularity of intermediaries has begun to increase as Chinese banks […]
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