President Putin has engaged in a lengthy, moderated Q&A session, with Nadim Koteich, of Sky News Arabia the moderator at the SPIEF 2025 event. Questions were direct and included involved answers from Putin about the concept of developing a multipolar global society, in-depth discussions about the Israel-Iran conflict, the Ukraine conflict, and issues pertaining to […]
Vladimir Putin has given the annual plenary speech at the St.Petersburg International Economic Forum (SPIEF). The main basis for his speech was all Russian domestic policy, in which he discussed the Russian Economy, Monetary Policy, Employment, Education, Tax and Funding Policies, Tourism and Recycling, Russia’s Investment Climate, Technological Development and Funding, Digitization, Foreign Trade, Defence […]
A new cryptocurrency token designed to allow cross-border payments to avoid western financial sanctions on Russia has moved some US$9.3billion on a dedicated crypto exchange in just four months since it was launched, according to the Financial Times. Described as the first stablecoin pegged to the Russian ruble, the A7A5 token was officially launched in […]
The Iran conflict has escalated and is introducing logistics problems for Russians and other foreigners in the Middle East region, with the impact being felt from Egypt, Israel, the United Arab Emirates, Saudi Arabia, Turkiye and Qatar, while also affecting onwards transit to India, China and other Asian destinations. Russian logistics companies are seeing delays in the […]
The Russian Ministry of Transport has said that it expects that the law on the use of unmanned vehicles on Russian roads will be adopted as early as 2026 and enter into force in Q3 2027, according to Andrey Nikitin, the Deputy Minister. Nitikin said that “We are currently preparing the text of the law […]
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Multiple Eurasian commodity and futures exchanges have signed a declaration on establishing the International Association of Commodity and Futures Exchanges. This new association is intended to become a platform for interaction among commodity and futures exchanges from EAEU+, SCO, and BRICS+ countries. This will enable coordinated policies for developing organized commodity markets. Participants include the […]
North Korea will send thousands of engineers and military personnel to Russia’s Kursk Region to assist in demining operations and reconstruction efforts, Russian Security Council Secretary Sergey Shoigu said on Tuesday (June 17). He has been in Pyongyang to discuss investment and security issues with the North Korean leader, Kim Jong-un. North Korean troops fought […]
Russian Transport Minister Roman Starovoit has stated that Russian airlines are to sign contracts for 200 MS-21 aircraft, with the certification process for the aircraft already underway. He was speaking at the 2025 St. Petersburg International Economic Forum (SPIEF). Western aircraft manufacturers have lost the Russian market after Western countries imposed bans on aircraft from […]
Russia’s VTB bank, the second largest in Russia, has finalized the legal merger of Crimea’s largest bank, the Russian National Commercial Bank, (RNCB), with integration procedures to be completed by the end of 2025, according to VTB CEO Andrei Kostin. He stated that “Completing RNCB’s integration is not just a technical step. We hold RNCB […]
The German Economic Institute has reported that Russia’s exports have grown considerably compared to figures recorded prior to the Ukraine conflict and despite sweeping Western sanctions. In a report published on Friday (June 13), the institute stated that “despite all European efforts, Moscow is ‘skilfully exploiting the loopholes in the sanctions regime to expand its financial resources.’” […]
Russia’s alcohol consumption behaviour has been changing in recent years due both to geostrategic changes in global markets and because of Russia’s internal policies. The latter has included a tightening of fiscal policy in the alcohol industry in early 2025, introducing higher excise taxes, higher minimum retail prices, and higher import duties. This has led to a […]
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