Russian Market

USC

Russia’s State-Owned Shipbuilders Constructing 120 New Merchant Marine Vessels

Infrastructure, Investment, Logistics & Transport, Russian Market

Russia’s State-Owned Shipbuilders, the United Shipbuilding Corporation (USC) are constructing 120 vessels as part of its national civil shipbuilding remit, according to USC CEO Andrei Puchkov. He was speaking at a meeting with Russian Prime Minister Mikhail Mishustin. Puchkov said that “In terms of USC’s civilian orders, our shipyards are building about 120 different types […]

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Russia Up

Russia’s Mutual Fund Investment Market Expands To Record Capital Volumes

Economy, Finance, Infrastructure, Investment, Russian Market

2024 was a banner year for Russia’s collective investment markets, which expanded with a record number of mutual funds and the largest number of new management companies for over a decade. Wealthy investors – including foreign investors – are primarily interested in Russian industry. Since sanctions were imposed in 2022, Russian investors have been limited

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Russia-Greenland Flags

Russian Lawmaker Suggests Greenland Joins Russia

Investment, Regulatory, Russian Market

Russian lawmaker Vitaly Milonov, a deputy of the State Duma, has suggested that if Greenland truly wishes to join another country, then it has more in common with Russia and should become part of the Russian Federation. Milonov’s remarks follow numerous controversial statements made by US President Donald Trump about plans to annex Greenland, despite

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Aviation

Russia, China Air Transport To Continue Development Beyond 197 Weekly Flights  

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

Meetings held between 15 Russian airlines and an aviation delegation from the Chinese Embassy have discussed the bilateral strengthening of cooperation in Russia-China passenger and cargo air transport. The meeting was chaired by Lev Kosinov, Head of the Department for Transportation Regulation and International Cooperation of the Russian Federal Air Transport Agency. In volumes, during

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Digital Assets

Russia’s Digital Financial Assets Grew Fourfold In 2024  

Economy, Finance, Infrastructure, Russian Market, Trade

Russia’s digital financial assets market grew more than 4 times in 2024, according to the Russian ACRA credit rating agency. Although still developing and partially hampered by sanctions, the overall trend is positive, with holdings up to ₽150 billion by the end of last year. According to ACRA’s estimates, digital financial instruments in Russia have

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BRICS-DeepSeek

Can Russia And BRICS Produce A DeepSeek And Overtake ChatGPT?  

BRICS, China, Economy, Infrastructure, Russian Market

US stocks lost over US$1 trillion overnight (January 27) as China’s High Flyer, a Hedge Fund in Hangzhou, launched its Chinese chatbot, named ‘Deepseek’. The app appears to offer the same facilities as the US developed OpenAI and its ChatGPT tool, and the same performance but with fewer resources. Deepseek has already overtaken ChatGPT as

Can Russia And BRICS Produce A DeepSeek And Overtake ChatGPT?   Read More »

Tax

Russia 2025 Individual and Corporate Income Tax Rates

Finance, Regulatory, Russian Market, Trade

2024 saw the biggest tax base reform in Russia for the last twenty years, with numerous  changes. The tax innovations will affect all Russian citizens, foreigners working in the country, individual entrepreneurs, as well as small and large businesses. The move to “a fairer distribution of the tax burden” for those with higher personal and

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Russia Economy

American Hedge Fund Manager Predicts A Russian Economic Boom 

BRICS, Economy, Finance, Foreign Investment, Russian Market

Jim Rogers, the legendary American investor and hedge fund manager has predicted a Russian economic boom once the Ukraine conflict ends, allowing foreign investors to return to the market. In an interview he gave on January 8th, Rogers said the resolution of the conflict would stabilize the geopolitical situation and positively impact Russian bonds, the

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