Economy Archives - Page 4 of 28 - RUSSIA'S PIVOT TO ASIA

Another Highly Profitable EU Listed Public Company Relocates To Russia

Economy, Finance, Investment, Russian Market, Trade

The Russian-owned Ozon Holdings Ltd has been granted permission by the Cypriot Department of Registrar of Companies and Intellectual Property to relocate to Russia, the company has reported. Ozon’s shareholders approved the decision to relocate to the Kaliningrad region’s special administrative district at the end of December this year. There, it will continue operating as […]

Another Highly Profitable EU Listed Public Company Relocates To Russia Read More »

Russian Non-Resource, Non-Energy Exports Increasing: Analysis & Assistance

Africa, Asia, Economy, Exports, Latin America, Russian Market, Trade

Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets. In 2024, the positive balance of foreign trade increased by almost 8%, with exports to Africa and Asia continuing to grow. Export development reflects the potential of the domestic industry: Russian companies produce more than the

Russian Non-Resource, Non-Energy Exports Increasing: Analysis & Assistance Read More »

Cuba Joins BRICS New Development Bank

BRICS, Economy, Finance, Infrastructure, Latin America

Cuba has become a member of the BRICS New Development Bank (NDB) and is expected to obtain access to alternative financing, as the NDB offers credit without the strict conditions of institutions such as the IMF or the World Bank. Cuba has limited access to the dollar-dominated global financial system and is heavily sanctioned by

Cuba Joins BRICS New Development Bank Read More »

Payment In Rubles Now Accounts For Over 50% Of All Russian Exports

Economy, Finance, Russian Market, Trade

The share of the Russian ruble in payments for Russian exports has surpassed 50% of the total for the first time, according to the Russian Central Bank. Moscow and many of its trading partners have stepped up efforts to reduce exposure to the Western financial system since major Russian banks were cut off from

Payment In Rubles Now Accounts For Over 50% Of All Russian Exports Read More »

Eurasian Economic Union GDP Growth Projected To Average 6% Between 2025-2030

Commonwealth of Independent States, Economy, Eurasian Economic Union, Finance, Trade

The average economic growth rate of the Eurasian Economic Union (EAEU) countries between 2025 – 2030 is projected to average out at about 6% per annum, according to various analytical sources including the Eurasian Development Bank, World Bank and data analysts Statista. That could even be higher should sanctions during the coming five years be

Eurasian Economic Union GDP Growth Projected To Average 6% Between 2025-2030 Read More »

Average Salaries In Russia Set To Increase By 12% In 2025

Economy, Finance, Russian Market

Average monthly salaries in Russia are expected to grow to ₽100,000 (US$1,273) by the end of 2025, an increase of 12% over the year, according to Izvestia, Russia’s equivalent of the Financial Times. The best earners now are in the IT sector, finance and raw material extraction, insurance, construction, transportation and storage, while the manufacturing

Average Salaries In Russia Set To Increase By 12% In 2025 Read More »

Russian Precious Metal Exports To China Rise 80% In H1 2025

China, Economy, Exports, Finance, Trade

Russia’s precious metals exports to China nearly doubled in the first half of 2025, with gold leading the way as prices continue to soar. Shipments of Russian gold, silver, and other ores sent to China shot up by 80% compared to the same period last year. The jump lines up with a sharp rally in

Russian Precious Metal Exports To China Rise 80% In H1 2025 Read More »

Commonwealth Of Independent States GDP To Equal European Union’s By 2050

Commonwealth of Independent States, Economy, Finance, Infrastructure, Trade

Based on current GDP growth trends, the Russian-backed Commonwealth of Independent States is likely to reach GDP economic parity with the European Union and may even overtake it, by 2050. The current GDP (PPP) of the European Union is €25.09 trillion, with a current average growth rate, according to the World Bank, of 1.2%. The

Commonwealth Of Independent States GDP To Equal European Union’s By 2050 Read More »

Russian Foreign Ministerial Statements and Q&A At The Shanghai Cooperation Organisation: Content & Analysis

Asia, China, Economy, Finance, India, Infrastructure, Middle East, Security, Shanghai Cooperation Organisation, Trade

The Russian Foreign Minister, Sergey Lavrov, has summarised his meetings with the Foreign Ministers of the Shanghai Cooperation Organisation (SCO) which has been held in Tianjin, China. These are important geopolitical discussions, with the SCO including full members Belarus, China, India, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Russia, Tajikistan and Uzbekistan. Afghanistan and Mongolia are observers, while

Russian Foreign Ministerial Statements and Q&A At The Shanghai Cooperation Organisation: Content & Analysis Read More »

Commonwealth Of Independent States 2025 GDP Growth Data and Trade: Analysis

Commonwealth of Independent States, Economy, Exports, Imports, Trade

The member countries of the Commonwealth of Independent States are illustrating good economic growth during 2025, according to forecasts taken from Eurasian Development Bank data. They are averaging GDP growth rates for the year at 4.7%. Details are as follows: Country 2025 GDP growth forecast Armenia 4.5% A return to normality following conflict with

Commonwealth Of Independent States 2025 GDP Growth Data and Trade: Analysis Read More »

RUSSIA'S PIVOT TO ASIA

«Поворот России в Азию»

Economy