Economy

Russia To Invite BRICS Countries To Form An Independent Financial System

BRICS, Economy, Finance

The Russian Ministry of Finance, together with the Central Bank and BRICS partners, will prepare a number of initiatives to create an independent international monetary and financial system. The result of this work may be, among other things, the creation of a digital settlement and payment platform “BRICS Bridge”. This was decided following a meeting […]

Russia To Invite BRICS Countries To Form An Independent Financial System Read More »

Why Europe Isn’t Keen On Sending Money Derived From Frozen Russian Assets To Ukraine

Economy, Finance

An on-going debate has been raging in the West about using frozen Russian capital – about US$282 billion, mostly belonging to the Bank of Russia – to generate funds to give to Ukraine. Of this money, about US$6 billion is held in the United States, with the vast majority being held in Europe. Opinions on

Why Europe Isn’t Keen On Sending Money Derived From Frozen Russian Assets To Ukraine Read More »

Eurasian Economic Union Performance for January–February 2024

Economy, Eurasian Economic Union

The Department of Statistics of the Eurasian Economic Commission has published a monthly analytical review of the main socio-economic indicators of the Eurasian Economic Union (EAEU) for January-February 2024. During the first two months of 2024, there was an increase in industrial production of the EAEU by 3.8%, the volume of construction work performed by

Eurasian Economic Union Performance for January–February 2024 Read More »

Putin

Putin’s Address To The Russian Union of Industrialists and Entrepreneurs

Economy

The Russian President Vladimir Putin has addressed Russia’s business leaders concerning Russia’s economic strength and strategic goals. Saying that the Russian economy has demonstrated buoyant growth despite unprecedented external challenges, he stressed that he appreciated the contribution of the business community and proposed more engagement on strategic goals. Here are some key takeaways from Putin’s

Putin’s Address To The Russian Union of Industrialists and Entrepreneurs Read More »

US$61 Billion for Ukraine and the REPO Act – The Implications

Economy, Finance

The United States House of Representatives cleared two important pieces of legislation over this weekend, both of which will affect Russia. Firstly, approval was given to extend an additional US$61 billion in loans to Ukraine, while the “Rebuilding Economic Prosperity and Opportunity for Ukrainians (REPO) Act approves the diverting of profits from Russian government capital

US$61 Billion for Ukraine and the REPO Act – The Implications Read More »

Russia’s Exports to Africa Outstrip Exports to the Americas

BRICS, Economy, Logistics & Transport, Trade

African countries have significantly boosted imports from Russia, in signs that the shift to trade development with the global south is having a profound effect on supply chains, trade flows and creating new opportunities. Africa outperformed Russia’s trade partners from the Americas – the United States, Canada, Mexico and Latin America.  In 2023, the share

Russia’s Exports to Africa Outstrip Exports to the Americas Read More »

Russia’s Pivot To Asia – Complimentary Download

Economy, Foreign Investment, Miscellaneous, Trade

Our much-praised Russia’s Pivot To Asia PDF Guide is now available for download. This comprehensive book contains details of Russia’s trade and development with over 80 countries as well as analysis on new supply chain routes, trade agreements, and Russia’s involvement with the BRICS, EAEU, SCO and Belt & Road Initiative. Contents include: Russia &

Russia’s Pivot To Asia – Complimentary Download Read More »

Eurasian Economic Union Industrial Production Up 6.6%

Economy, Eurasian Economic Union, Trade

Despite Western sanctions on Russia and the threat of sanctions being levied upon several Central Asian countries, industrial production in the Eurasian Economic Union (EAEU) increased by 6.6% in January-February of this year, the press service of the Eurasian Economic Commission (EEC) reported on Tuesday. The ECC is the management board of the EAEU. Industrial

Eurasian Economic Union Industrial Production Up 6.6% Read More »

Subscribe
Subscribe
Scroll to Top