Brazil will discuss a response to US President Donald Trump’s tariffs with other BRICS nations, Brazilian President Luiz Inacio Lula da Silva has stated. Lula said he will reach out to other BRICS nations and discuss how to tackle the tariffs. In addition, he said he would reach out to his Chinese and Indian counterparts, […]
The regional Ukraine conflict, initially a European issue, has now evolved into a new, generally unacknowledged phase that is revealing in its geographic spread and aims – it has morphed into a global economic war, essentially pitting the United States against the rest of the world. It is essentially demanding tributes from its allies, such
The BRICS Economic War vs The United States & Europe Read More »
Russia’s domestic Mergers and Acquisition (M&A) market has risen in Q2 2025, with the volume of deals reaching ₽907 billion (US$11.3 billion). According to analysts, this is due to expectations of the Central Bank of Russia easing its monetary policy, while the outflow of foreign investors from Russia has also created opportunities. Russian investors also
Russia’s Domestic M&A Activity Up 54%: 2025 Performance Update Read More »
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 »
The category of “luxury” cars available in Russia has changed radically since 2014. While Western brands such as Ferrari, Lamborghini, Rolls-Royce https://www.rolls-roycemotorcars.com and Bugatti, have dominated the past decade, 13 ‘premium’ brands have been recently added, including China’s Hongqi, Lixiang, and Zeekr marques. Leadership in the luxury segment is consistently held by well-known Western brands
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 »
Russia’s Mariinsky Theatre Symphony Orchestra, conducted by Valery Gergiev, undertook a first comprehensive acoustic rehearsal at the newly constructed Sirius Concert Hall in Sochi. The rehearsal took place on Saturday (July 26) as part of the Sirius Summer Music Festival, which is currently running from July 15 to August 24. According to Gergiev, the Sirius
Russia’s Mariinsky Symphony Orchestra Roadtests New Sirius Concert Hall In Sochi Read More »
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 »
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 »
China’s Great Wall Motors (GWM) will build a new plant for the production of automobile components and transmissions in Russia’s Tula Region. GWM and the regional government signed the agreement on the sidelines of the St. Petersburg International Economic Forum in June. The plant, which will create 1,000 jobs, will be built at the Uzlovaya
China’s Great Wall Autos Investing In Auto Components Plant In Tula Read More »
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