Update: 11th June 2025The Russian President, Vladimir Putin has extended a ban on Russian oil companies selling their products at the price cap issued by the EU yesterday. It prohibits the sale of Russian oil and petroleum products to foreign legal entities and individuals if contracts stipulate the terms and conditions of the price cap set […]
New EU Sanctions: Dangerous Ground For Brussels? Read More »
As part of the recently concluded 16th International Economic Forum “Russia – Islamic World: KazanForum 2025,” a panel discussion was held on the “International North-South Transport Corridor” (INSTC). Deputy Prime Minister Vitaly Savelyev, the Special Representative of the President for the Development of the INSTC, took part in the discussions. The session also involved Russian Deputy Prime
Astrakhan Port’s INSTC Integration Into Global Markets: Updates Read More »
Iran’s Minister of Roads and Urban Development Farzaneh Sadeghi and Russia’s Minister of Transport Roman Starovoit signed an agreement on the development of transport and transit cooperation for 2025. The core element of the agreement, signed in Tehran on February 18, is the completion of the long-delayed Rasht-Astara railway in Iran with Russia’s assistance, according to Iran’s
The Russia, Iran INSTC Transit Roadmap Through to South Asia: Updates Read More »
The Russian Foreign Minister, Sergey Lavrov, has met Sergey Melikov, the Head of the Republic of Dagestan in Moscow. Dagestan is an autonomous Republic within the Russian Federation, and a primarily Muslim region. Lavrov stated that “Muslims from Dagestan and Russia are making an important contribution to keeping centuries-old traditions of Islam and strengthening spiritual
The Russian Foreign Minister Sergey Lavrov has met with Oleg Bartsits, the Foreign Minister of the Republic of Abkhazia, in Moscow to discuss bilateral plans and continued development efforts in the South Caucasus region. The meeting was the first since Bartsits’ appointment in April. He had previously been a trade representative for Abkhazia in Moscow.
Russia-Abkhazia Bilateral Relations & Trade: 2025 Update Read More »
Russians relying on cryptocurrency transactions will need to change their usage to comply with new Russian Central Bank regulations implementing new rules for foreign digital rights (FDR). These regulations, which came into effect on May 26, prohibit individuals from acquiring USDT and other unfriendly US dollar-aligned stablecoins. The alternatives would appear to be gold-backed such
Russian Use Of Crypto – USDT (Tether) versus Non-USD Alternatives Read More »
Russia’s non-resource, non-energy exports are adapting to new conditions and strengthening their positions in the eastern and southern markets, with the ‘Made in Russia’ brand helping to increase Russia’s foreign trade balance by almost 8% last year. Exports to Africa and Asia in particular are continuing to grow. The state is supporting Russian exporters, helping
Russian First Deputy Prime Minister Denis Manturov has said that building up Russia’s national satellite constellation will make it possible to cover the whole of the country’s territory, including the Arctic, with stable communication channels by 2030. Speaking at a meeting of the Council on Strategic Development and National Projects on Friday (June 6) he
Russia To Cover Entire Territory With Satellite Communications by 2030 Read More »
The Chinese credit ratings agency CCXI has assigned a credit rating to Russia, the first sovereign status rating given to the country since 2022. The credit rating is BBB+g, with a stable outlook. This implies that Russia is a reliable borrower and is capable of fulfilling its debt obligations. The China ratings come after the
Chinese Credit Ratings Agency Gives Russian Debt A “Stable Outlook” Ranking Read More »
The Moscow Exchange (MOEX) launched trading in futures contracts on June 4, on shares of the iShares Bitcoin Trust ETF fund, the value of which is tied to the value of Bitcoin (BTC). This is a settlement instrument, with an expiration date of September 19, 2025. Russia is seen as entering the global crypto market
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