Russia’s AGD Diamonds has recovered a rare, high-quality diamond weighing 228.62 carats at the Grib deposit in the Arkhangelsk Region. AGD Diamonds said that its specialists have classified the crystal as a type II diamond with minimal nitrogen content. This type of stone is extremely rare and accounts for a small percentage of natural diamonds […]
The first cryptocurrency transactions could be conducted in normal Russian domestic transactions by the end of this year if the corresponding law is passed, according to Ekaterina Lozgacheva, the head of the Central Bank of Russia’s financial market strategic development department. She said that “We expect that in the near future, when the draft bill […]
The SME services sector in Russia is feeling an economic pinch, as the multiple effects of sanctions, inflation, and high interest rates combine to make certain sectors of the Russian consumer economy distressed. At present, this is being felt by the restaurant trade, with hundreds of small cafes forced to close. It is an early […]
Russia will help foreign citizens who have expertise in various fields to move to the country and obtain citizenship, President Vladimir Putin has stated. He was speaking at a meeting of the Russian Agency for Strategic Initiatives (ASI) Supervisory Board on Wednesday (February 18). In 2024, Putin signed a decree making it easier for foreigners […]
The Russian President, Vladimir Putin, has met with the head of the Republic of Ingushetia, Makhmud-Ali Kalimatov. Ingushetia is part of the Russian Federation yet has some autonomous control. It is situated in the North Caucasus and has a population of about 527,000. Kalimatov stated that the development of local industrial sites and their associated […]
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There has been a lot of noise about the Russian economy ‘collapsing’, and especially in speeches made last week by several European politicians. But is it? Here are nine Russian January 2026 economic indicators: Other Dubious Statements About Russia There were also several dubious statements made by European leaders in terms of describing the […]
Russia achieved self-sufficiency in potatoes from its own harvest at 97.9% in 2025, with the indicator for the food security doctrine at 95%, the Russian Agriculture Ministry has stated. Russia has also come close to achieving self-sufficiency targets for vegetables and melons at 89.6%, with the doctrine indicator at 90%. According to preliminary data from […]
Part One of a Seven-Part Series in which we document the rise of the new outbound Russian entrepreneurial investor. The Gulf Cooperation Council (GCC) region has emerged as one of the most strategically contested economic theaters of the 2020s. No longer defined solely by hydrocarbons, the Gulf today represents a global capital allocator, logistics nexus, […]
Western media commentary this past few days has been in uproar concerning Russia’s decision to limit or cease domestic access to Telegram and WhatsApp, with popular ‘analysis’ about this commonly referring to them as being banned. In reality, the situation is rather more complex than this. Russia—as many in the West appear not to realize—has […]
The Russian Ambassador to India, Denis Alipov, has said that over 70,000 Indian workers are now employed in Russia, with more expected to pursue professional opportunities in the country. Alipov stated that “As mutual interest from the business community grows and the agreements reached are implemented, this figure will increase. Looking deeper, this process will […]
Russia’s Tuva Republic has been examining the viability of the proposed Kyzyl-Kuragino railway line project, which would link Tuva with Krasnoyarsk Krai and the Russian railway network, with calculations as to how much freight such a route would attract via access to China and Mongolia. The railway is estimated at 412 kilometres in length and […]
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