Russia's Pivot to Asia

Corporate Exits From Russia Have Cost Western Investors US$107 Billion

Economy, Finance, Foreign Investment

Western companies that have left the Russian market have suffered billions in write-downs and lost revenue, Reuters reported on Thursday, (March 28) citing calculations based on company filings and statements. The US and its allies have placed unprecedented sanctions on Russia over the past two years in retaliation for Moscow’s military operation against Ukraine. The […]

Corporate Exits From Russia Have Cost Western Investors US$107 Billion Read More »

FRIDAY BIZARRE

Miscellaneous

Our Look Back At Some Of The Weeks Most Bizarre Russo Political Moments The Pope On The Myrotvorets Hit List Pope Francis came in for a lot of criticism recently after he called for negotiations between Ukraine and Russia and that Kiev shouldn’t be afraid to compromise. That led to furious denouncements from Kiev as

FRIDAY BIZARRE Read More »

India & Dubai Pick Up Global Diamond Business After EU’s Russia Sanctions

BRICS, Economy, Trade

Western sanctions on Russian diamonds are proving good business for Mumbai and Dubai, where European traders and cutters are now relocating too, after Brussels decided to impose sanctions on Russian sourced gems. Russia is the world’s largest supplier of raw diamonds, mostly sourced from Siberia’s Yakutia region. Neither India nor Dubai have followed the sanctions

India & Dubai Pick Up Global Diamond Business After EU’s Russia Sanctions Read More »

Ukraine’s Public Debt 2024 And The IMF: What Happens In April

Economy, Finance

The subject of Ukraine’s public debt is shortly to become a pressing issue as the International Monetary Fund (IMF) has scheduled a meeting to discuss it with creditors on April 17. The IMF have already stated that the matter requires ‘deep treatment’. According to Focus Economics, Ukraine’s Public Debt reached 78.5% of GDP in 2022, and is almost certainly

Ukraine’s Public Debt 2024 And The IMF: What Happens In April Read More »

Russia Becomes Brazil’s Second Largest Wheat Supplier As BRICS Grain Exchange Touted

BRICS, Economy, Trade

In a nod to the BRICS grouping’s ability to increase trade and alternative supply chains, Russia exported 900,000 tonnes of wheat to Brazil in 2023, rising from fourth place to second place among Brazil’s leading suppliers, according to Russia’s Agriculture Ministry Agroexport center. Argentina is traditionally Brazil’s largest supplier of wheat, with a market share

Russia Becomes Brazil’s Second Largest Wheat Supplier As BRICS Grain Exchange Touted Read More »

Russia’s Oil Supplies To North Korea Increase As Sanctions Fail

Energy, Logistics & Transport, Trade

The Financial Times has reported that Russia has started supplying oil directly to North Korea in defiance of UN sanctions, further cementing ties between the two countries and dealing a new blow to international efforts to contain Pyongyang. At least five North Korean large oil tankers have travelled this month to collect oil products from

Russia’s Oil Supplies To North Korea Increase As Sanctions Fail Read More »

Ten Years Of Crimea’s Integration With Russia: The Economic Development Data

Economy, Logistics & Transport, Trade

On March 18, 2014, the Republic of Crimea and the city of Sevastopol became part of Russia. The Russian newspaper Kommersant has published data on how Crimea has changed since it returned to Russia. GDP Growth From 2014 to 2022, the GDP of Crimea increased 3.5 times — from ₽189.4 billion to ₽655.9 billion (US$9.32

Ten Years Of Crimea’s Integration With Russia: The Economic Development Data Read More »

Subscribe
Subscribe
Scroll to Top