Russia’s infrastructure spending to 2030 involves massive government-led initiatives, with projections showing hundreds of billions in construction market growth, driven by national projects for transport (rail, roads), utilities, and housing, leveraging domestic production while facing economic constraints, aiming for significant modernization, and linking regions through major projects like new rail lines and highways. Key figures point to potential tens of trillions of rubles for large projects and hundreds of billions of dollars in the overall construction sector. We showcase these developments, many of which possess commercial spin-off opportunities in the services sector.
The Russian President, Vladimir Putin delivered an insightful speech at the Valdai International Discussion Club on October 2nd with numerous points made about Western and Russian joint development interests, while expressing the hope for reconciliation and cooperation. He touches on European contributions to global society, while pointing out the areas where contemporary attitudes are interfering […]
The Russian President, Vladimir Putin, has announced a global game-changing nuclear power breakthrough, a closed fuel cycle power system to tackle global uranium shortages. This system allows for virtually no nuclear waste. A conventional Nuclear Power Plant uses 0.7% of uranium, leaving 99.3% waste. Russia’s new closed cycle reactor reuses the waste, making uranium fuel […]
The 3rd International Buddhist Forum, with the theme “The Buddhist World in the New Millennium” has begun in Elista, the capital of the Kalmykia Republic in European Russia. The Republic Flag is depicted above. Kalmykia is the only Buddhist region in Europe and was originally populated by descendants of the Mongol tribes and other Central […]
The Chinese cargo ship Heng Yang 9 – which is registered in Panama – has visited Sevastopol in Crimea, marking the first major foreign vessel to use one of the Crimean ports since 2014, when hostilities with Ukraine first broke out and sanctions were imposed on the territory. While China has not adopted the western […]
Cooperation Agreements have been signed by the government of Nicaragua and the Donetsk People’s Republic, the Lugansk People’s Republic, the Zaporozhye and Kherson regions, and the City of Sevastopol (Crimea), with the ceremony taking place on Monday (September 22). The documents were signed by the heads of the Russian regions and Laureano Ortega, the Special […]
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Russia’s largest banks are expanding their services to facilitate direct payments abroad in foreign currencies, with new technologies helping to bypass Western sanctions. This means that Russian businesses will once again be able to freely send dollars, euros, or yuan to any country. Sovcombank has already launched this mechanism, while Sberbank and other Russian banks […]
The celebration of the Jewish New Year will begin today, on the evening of September 22. The celebrations will take place throughout the Jewish Autonomous Region (JAO) bordering China in the Russian Far East. The population of the region is 144,400 people. The JAO borders mainland China. Established in 1934, what became the JAO region […]
Russia’s Prime Minister, Mikhail Mishustin, has announced plans for a massive high-speed rail (HSR) network. It is set to be the largest in Europe, spanning more than 4,500 km, and will use domestically built trains capable of reaching 400 kilometers per hour (kph). Mishustin said the new line will cut travel time between Moscow and […]
The first ‘business accelerator’ in Russia, assisting local businesses to do business in China, has opened in Russia’s Ryazan region. Russian experts possessing China expertise will help prepare local entrepreneurs to work with Chinese partners, according to Pavel Malkov, the regional governor. He stated that “The first country accelerator for China is launching today. Sinology […]
The growth rate of the Russian economy should outpace the dynamics of the global economy, President Vladimir Putin has said at a government meeting on economic issues. He stated, “It is obvious that the stability of public finances and the implementation of planned projects and programs directly depend on the state of affairs in the […]
The Head of the European Union’s Foreign Policy, Kara Kallas, has called for a complete ban of the EU issuing visas for Russian nationals, with a post on X stating, “Stop issuing tourist visas to Russians. Visiting Europe is a privilege, not a human right.” That position has been contradicted by the European Commissioner for […]
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