Economy

Mali

Russian Joint Venture Gold Refinery in Mali Looking to Attain ‘Good Delivery’ Status

Africa, Economy, Infrastructure, Regulatory

Russia’s Yadran Group, an investor in Mali’s gold mining industry, laid the cornerstone for a new gold refinery in Bamako on June 16. Construction is scheduled to be completed in 18 months, after which the refinery will go into operation and gradually achieve a design capacity of 100 tonnes of gold per annum in the first phase, with […]

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EAEU 2025

Eurasian Economic Union Should Double Share Of Global GDP By 2035: Lukashenko

Economy, Eurasian Economic Union, Exports, Imports, Trade

The Eurasian Economic Union (EAEU) has achieved success in the main performance indicators but fallen short of about 20 crucial targets in its 2025 development strategy; over the next decade, the union should, at a minimum, double its share in the global GDP, Belarusian President Alexander Lukashenko has said. He was speaking at the 2025

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Colombia

Colombia Joins BRICS New Development Bank

BRICS, Economy, Exports, Finance, Imports, Investment, Latin America, Trade

Colombia has confirmed it has joined the New Development Bank (NDB), the financial investment arm of the BRICS group. Colombia had requested membership in the NDB in May of this year, amid tensions with the United States over President Trump’s tariff war and Colombia’s joining China’s Belt and Road Initiative. Colombia’s Minister of Foreign Affairs, Laura Sarabia, said,

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Digital Ruble

Rollout of Digital Ruble Pushed Back to September 2026

Economy, Finance, Russian Market, Trade

The Central Bank of Russia has proposed to the Russian State Duma that the largest “systemically important” Russian banks must provide their clients with the option to use digital rubles from September 1, 2026. This is a pushback from the previously agreed-upon deadline of July 1 this year. The bank has instructed Russian retail companies with annual revenues exceeding

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Putin Q&A

President Putin Q&A On Multipolarity, Iran, Ukraine, Nuclear War, & Foreign Investment  

Economy, Finance, Foreign Investment, Investment, Middle East, Russian Market, Security

President Putin has engaged in a lengthy, moderated Q&A session, with Nadim Koteich, of Sky News Arabia the moderator at the SPIEF 2025 event. Questions were direct and included involved answers from Putin about the concept of developing a multipolar global society, in-depth discussions about the Israel-Iran conflict, the Ukraine conflict, and issues pertaining to

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Putin

President Putin’s Speech At SPIEF 2025: Key Points & Analysis

BRICS, Economy, Finance, Investment, Russian Market, Security, Trade

Vladimir Putin has given the annual plenary speech at the St.Petersburg International Economic Forum (SPIEF). The main basis for his speech was all Russian domestic policy, in which he discussed the Russian Economy, Monetary Policy, Employment, Education, Tax and Funding Policies, Tourism and Recycling, Russia’s Investment Climate, Technological Development and Funding, Digitization, Foreign Trade, Defence

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RNCB_Flag

Russia’s VTB Finalizing Legal Integration With Crimea’s National Commercial Bank

Economy, Finance, Russian Market

Russia’s VTB bank, the second largest in Russia, has finalized the legal merger of Crimea’s largest bank, the Russian National Commercial Bank, (RNCB), with integration procedures to be completed by the end of 2025, according to VTB CEO Andrei Kostin. He stated that “Completing RNCB’s integration is not just a technical step. We hold RNCB

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Exports

German Economic Institute: “Russia’s Exports Have Grown Considerably”

China, Economy, Exports, India, Russian Market, Trade

The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’”

German Economic Institute: “Russia’s Exports Have Grown Considerably” Read More »

China

Russia, China Bilateral Trade Declines By 8% In 5M 2025: Analysis & Opinion  

China, Economy, Exports, Imports, Trade

Bilateral trade between China and Russia continues to decline, with Russian exports of hydrocarbons decreasing both in physical and monetary terms, according to the latest data from the General Administration of Customs of the People’s Republic of China. In the first five months of this year, the volume of trade between Russia and China decreased

Russia, China Bilateral Trade Declines By 8% In 5M 2025: Analysis & Opinion   Read More »

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