Economy

Afghanistan

Afghanistan Regional Quadripartite Meet To Discuss Regional Security 

Central Asia, China, Commonwealth of Independent States, Economy, Security

The “Regional Quadripartite” – Russia, China, Iran, and Pakistan – has held its fourth meeting to address Afghanistan security and related affairs. The meeting was attended by Russian Foreign Minister Sergey Lavrov, Iranian Foreign Minister Seyed Abbas Araghchi, Yue Xiaoyong, the Chinese envoy on Afghanistan, and Umer Siddique, a senior Pakistani diplomat. The participants reviewed […]

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A7

New Financial Architecture Is Helping Russian Banks Expand Services Overseas Despite EU’s 19th Sanctions Package

Economy, Finance, Infrastructure, Russia, Trade

Russia’s largest banks are expanding their services to facilitate direct payments abroad in foreign currencies, with new technologies helping to bypass Western sanctions. This means that Russian businesses will once again be able to freely send dollars, euros, or yuan to any country. Sovcombank has already launched this mechanism, while Sberbank and other Russian banks

New Financial Architecture Is Helping Russian Banks Expand Services Overseas Despite EU’s 19th Sanctions Package Read More »

EU West East

Western European vs Eastern European Economies: GDP/Debt Ratio Differences

Economy, Finance, Regulatory

Has Eastern Europe Inherited Its Fiscal Prudence From the Soviet Era? News that the French economy has reached a debt-to-GDP ratio of 113% and that this is expected to climb further to 125% by 2030 has alarmed economists, who are stating that these levels are unsustainable and could create serious future damage. GDP/debt ratio figures

Western European vs Eastern European Economies: GDP/Debt Ratio Differences Read More »

Russia_VTB

Russia’s VTB Bank Issue Twice Over-Subscribed, Rises 5% On First Days Trading

Economy, Finance, Investment, Russian Market, Trade

Russia’s VTB bank conducted a share issue on the Moscow Stock Exchange (MOEX: VTBR) on September 18, in the largest issuance in Russia for the past three years. It was also the largest share placement of a financial institution in Europe over the past 12 months. The issue generated considerable interest among stock market participants,

Russia’s VTB Bank Issue Twice Over-Subscribed, Rises 5% On First Days Trading Read More »

VisaMain

EU Visa Issuance For Russian Nationals: Statistics By Country

Economy, Exports, Logistics & Transport, Russia, Trade

The Head of the European Union’s Foreign Policy, Kara Kallas, has called for a complete ban of the EU issuing visas for Russian nationals, with a post on X stating, “Stop issuing tourist visas to Russians. Visiting Europe is a privilege, not a human right.” That position has been contradicted by the European Commissioner for

EU Visa Issuance For Russian Nationals: Statistics By Country Read More »

Debt

The Top Ten European Economies To Be Concerned About As Debt Levels Rise To Record Levels

Economy, Energy, Finance, Russian Market, Trade

News that the French economy has reached a debt-to-GDP ratio of 113% and that this is expected to climb further to 125% by 2030 has alarmed economists, who are stating that these levels are unsustainable and could create serious future damage. GDP/debt ratio figures represent the percentage of debt that a country has as compared

The Top Ten European Economies To Be Concerned About As Debt Levels Rise To Record Levels Read More »

BRICS Virtual

The BRICS Virtual Summit: A Dry Run For The UN General Assembly: Text & Analysis

Africa, Asia, BRICS, China, Economy, Finance, India, Latin America, Middle East, Russian Market, Security, Trade

The BRICS nations convened an emergency virtual summit yesterday (September 8), hosted by Brazilian President Lula da Silva, to discuss the situation concerning the United States imposition of trade tariffs on multiple countries including BRICS members. The meeting lasted about 90 minutes. All ten full BRICS members were present, represented by Brazilian President Lula Da

The BRICS Virtual Summit: A Dry Run For The UN General Assembly: Text & Analysis Read More »

RussiaChinaFlag

Russia-China Bilateral Trade Turnover Forecast To Grow Another 30% By 2027

China, Economy, Exports, Trade

The trade turnover between Russia and China, which grew by almost 2% last year to US$245 billion, can be expected to grow by another US$30 billion in the coming two years, according to Peter Zaselsky, the Chairman of Russia’s Roseximbank. He was speaking at the Far Eastern Economic Forum in Vladivostok.   Russia-China trade turnover has

Russia-China Bilateral Trade Turnover Forecast To Grow Another 30% By 2027 Read More »

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