Infrastructure

Russia’s Promsvyazbank Developing US Dollar ATM Network In Nicaragua

Economy, Finance, Infrastructure, Latin America

Russia’s Promsvyazbank (PSB) has begun developing a Russian payment infrastructure in Nicaragua and will develop an ATM network in the country, the bank has stated. PSB has installed its first ATM in the Nicaraguan capital, Managua, at a branch of Credicoop R.L. bank. It provides customers with access to cash operations in the national currency, […]

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BRICS AI

Russia’s Sovereign Wealth Fund Invests In A BRICS+AI Alliance

BRICS, Infrastructure, Investment, Russian Market, Trade

Russia’s State-Owned Direct Investment Fund (RDIF) has announced the launch of a strategic alliance within the BRICS to jointly develop Artificial Intelligence (AI), according to Kirill Dmitriev, the RDIF chief executive. RDIF’s government mandate is to make investments in high-growth sectors of the Russian economy, as well as co-invest alongside the world’s largest institutional investors,

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Zimbabwe

Zimbabwe Wants Russian Assistance With African Space Programme

Africa, Foreign Investment, Infrastructure, Security, Trade

Zimbabwe is looking for Russian assistance to build its own spaceport and send its first astronaut into orbit within the next decade, according to Painos Gweme, the director of Zimbabwe’s National Geospatial and Space Agency (ZINGSA). Gweme has stated that Zimbabwe has begun negotiations with Russia’s national spaceflight corporation, Roscosmos, about planned projects, including sending

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Russia Relaxes Visa Requirements For Another Eleven Countries: The Demographics 

Africa, Asia, Infrastructure, Russian Market, Trade

Russia has announced an expansion of the list of countries whose nationals are eligible for its single-entry electronic visa (e-visa), including three African countries: Kenya, Eswatini, and Zimbabwe. The move is expected to improve travel between Russia and countries concerned, boosting tourism, business, and cultural exchanges. Russian Prime Minister Mikhail Mishustin signed an order on

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China-Eu railway

China-Europe Rail Freight Continues To Rely Heavily on Russia Transit

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

Rail freight from China to Europe continues to rely heavily on transit through Russia, however the EU’s own sanctions, and especially new counter-sanctions imposed by the Kremlin, continue to create significant obstacles. For example, Italian logistics firms and importers have been complaining that containers following the China-Europe rail route have been stopping in Russia in

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China Russia railway bridge

Russia-China Nizhneleninskoye-Tongjiang Bridge Crossing Exports: Update 

China, Exports, Imports, Infrastructure, Logistics & Transport, Trade

The new Nizhneleninskoye-Tongjiang cross-border bridge between Russia and China has proved beneficial to Russia’s raw material exports since it opened in November 2022, and has become a key route for Russian coal and iron ore to be transported to China. Chinese finished goods are also imported in containers via the same cross-border bridge. Russia’s Transit

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Assad Arrives In Moscow As Russia Prepares To Defend Syrian Assets

Infrastructure, Middle East, Security

The deposed Syrian President, Bashar al-Assad has arrived in Moscow with his family and has been granted asylum on ‘humanitarian’ grounds. Syrian militants, led by the Hayat Tahrir al-Sham (HTS) group, which has connections with Al-Queda, have apparently taken control of the country, although the situation remains fluid. Moscow has called for the resumption of

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Direct Russia-Pakistan Rail Services As Part Of INSTC Network

Asia, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan are set to be linked by a new freight train line as bilateral talks expand, Islamabad’s Energy Minister Awais Ahmed Khan Leghari has stated in an interview, saying that  “It is planned to launch the first train along the North-South logistics route to transport products from Russia to Pakistan as early as

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Putin Speech

Putin’s Annual “Russia Calling” Speech: The Russian Economy In 2024 – Analysis

Economy, Finance, Infrastructure, Investment, Trade

A decade-long Russian economic bull run is now underway The Russian President, Vladimir Putin, has taken part in the annual “Russia Calling!” event, which includes an annual address by the President as well as a public Q&A session. Here we analyse what Putin had to say, in a speech that almost exclusively focused on the

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PIA_1

Direct Russia-Pakistan Air Services Being Discussed

Asia, Infrastructure, Logistics & Transport, Trade

Russia and Pakistan are discussing a regular air service between the two countries, and intend to increase the frequency of flights and broaden their geographic reach, according to Sergey Zverev, the Russian Deputy Minister of Transport. That will introduce a direct air service between Moscow and Islamabad. The statement was made after the Russia-Pakistan intergovernmental

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