Finance

Complimentary Russia’s Pivot To Asia 2024 Business Guide

BRICS, China, Economy, Eurasian Economic Union, Finance, Foreign Investment, Trade

Russia’s Pivot to Asia have published our first annual Russia’s Pivot to Asia Guide, in Russian. It is a 300-page full colour PDF with maps and graphics that details Russia’s 2024 trade and development with 80 countries, in addition to evaluating new supply chain routes such as the INSTC and the NSR, and Russia’s developments […]

Complimentary Russia’s Pivot To Asia 2024 Business Guide Read More »

Russia Continues To Pay Eurobond Dividends Despite Sanctions

Economy, Finance

The Russian Finance Ministry has transferred ₽7.8 billion (US$84.4 million) to the National Settlement Depository (NSD) to pay a coupon yield on sovereign Eurobonds maturing in 2042, the ministry said. NSD, the payment agent, has received the funds. A Eurobond is a bond issued offshore by governments or corporates denominated in a currency other than

Russia Continues To Pay Eurobond Dividends Despite Sanctions Read More »

Threat Of US Secondary Financial Sanctions Hits Personal MIR Card Use

Economy, Finance, Trade

The United States has imposed sanctions against Russia’s JSC NSPK, the operator of MIR payment cards. These act as a Russian form of Visa and Mastercard and allow card holders the ability to access ATM machines, pay for goods in stores and conduct transactions. The latest countries to be targeted by US secondary sanctions are

Threat Of US Secondary Financial Sanctions Hits Personal MIR Card Use Read More »

Corporate Exits From Russia Have Cost Western Investors US$107 Billion

Economy, Finance, Foreign Investment

Western companies that have left the Russian market have suffered billions in write-downs and lost revenue, Reuters reported on Thursday, (March 28) citing calculations based on company filings and statements. The US and its allies have placed unprecedented sanctions on Russia over the past two years in retaliation for Moscow’s military operation against Ukraine. The

Corporate Exits From Russia Have Cost Western Investors US$107 Billion Read More »

Ukraine’s Public Debt 2024 And The IMF: What Happens In April

Economy, Finance

The subject of Ukraine’s public debt is shortly to become a pressing issue as the International Monetary Fund (IMF) has scheduled a meeting to discuss it with creditors on April 17. The IMF have already stated that the matter requires ‘deep treatment’. According to Focus Economics, Ukraine’s Public Debt reached 78.5% of GDP in 2022, and is almost certainly

Ukraine’s Public Debt 2024 And The IMF: What Happens In April Read More »

All BRICS Nations Are Piloting Digital Currencies But USD Likely To Remain Dominant  

BRICS, Economy, Finance

An Atlantic Council study published on Thursday showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring the launch of a central bank digital currency (CBDC). This number has surged from just 35 since May 2020. The development is significant as it seems to predict an almost universal move

All BRICS Nations Are Piloting Digital Currencies But USD Likely To Remain Dominant   Read More »

Subscribe
Subscribe
Scroll to Top