The Chinese credit ratings agency CCXI has assigned a credit rating to Russia, the first sovereign status rating given to the country since 2022. The credit rating is BBB+g, with a stable outlook. This implies that Russia is a reliable borrower and is capable of fulfilling its debt obligations. The China ratings come after the […]
The Moscow Exchange (MOEX) launched trading in futures contracts on June 4, on shares of the iShares Bitcoin Trust ETF fund, the value of which is tied to the value of Bitcoin (BTC). This is a settlement instrument, with an expiration date of September 19, 2025. Russia is seen as entering the global crypto market […]
Russia is emerging as a promising growth consumer market for Vietnamese tuna exporters, with increasing export volumes and favourable trade conditions, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). According to data from Vietnam Customs, the value of tuna exports to Russia reached nearly US$45 million in 2024—five times higher than in […]
Russia’s FESCO Transport Group has increased the container capacity of the line between India, the UAE and its Novorossiysk Port by 45%, by adding a third container ship to the FESCO Indian Line West (FIL-W) line connecting the ports of India and the UAE with Novorossiysk. German Maslov, Vice President, Line Logistics Division, FESCO, stated […]
The Russian Foreign Minister, Sergey Lavrov, has held phone discussions with Peter Szijjártó, Hungary’s Foreign Minister. Hungary is a member of the European Union, but it has been extremely critical of Brussels’ approach towards Russia and is seeking to maintain cordial and developing ties with Moscow. Russia is working out the contours of a future […]
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Russia is eying opportunities to enter the Latin American gas market, with the main LNG customers expected to be Argentina, Bolivia, and Chile. Despite the vaguely anti-Russian rhetoric of Argentinian President Milei, interest from Argentina remains, and the country possesses LNG terminals capable of receiving Russian gas. Bolivia, meanwhile, is Russia’s closest partner and logistics […]
Russia has been elected to the UN Economic and Social Council (ECOSOC), following a vote by the United Nations General Assembly. The move can be expected to alarm the collective West; however, the move makes strategic sense as ECOSOC coordinates the organization’s economic, social, and humanitarian activities. It is one of the UN’s six main […]
The Secretary of the Russian Security Council, Sergei Shoigu, has met with the North Korean leader Kim Jong-un in Pyongyang, with the Korean Central News Agency (KCNA) stating that the North Korean government will continue to “unconditionally support Moscow” in the conflict in Ukraine. Their statement read, “Comrade Kim Jong-un assured that the government of […]
The Russian President, Vladimir Putin, has spoken with Pope Leo XIV, in what was described as “a constructive” phone conversation on Wednesday (June 4) during which they discussed a number of topics, including the Ukraine conflict. One of the issues was humanitarian: Ukraine has apparently refused to receive the bodies of 6,000 dead Ukrainian and […]
Over the past six years, the trade turnover between Russia and the United Arab Emirates (UAE) has grown 2.7 times, from US$3.5 billion in 2019 to US$9.5 billion by the end of 2024, according to Abdullah Ahmed Al Saleh, the Deputy Economic Minister of the UAE. Meanwhile, shipments of goods from the UAE to Russia […]
Russia’s FESCO Transport Group has been making shipments of equipment in specialized Flat Rack containers to the Kaliningrad region from the Indian port of Mundra, Mumbai. The oversized cargo is intended for the construction of a new food production plant in Kaliningrad. Three shipments have already been delivered, with a total volume of 64 TEU. […]
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