News

Latest updates, insights, and analysis.

January 29, 2025

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

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 […]

January 29, 2025

Russian Lawmaker Suggests Greenland Joins Russia

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 […]

January 29, 2025

Russia’s Roscosmos Catching Up With SpaceX’s Reusable Rocket Technology

Russa’s Roscosmos Space Agency is developing the Amur-SPG launch vehicle with a reusable first stage to be in use by 2030, according to Roscosmos head Yury Borisov. He was speaking at the 49th Korolyov Academic Readings on Cosmonautics on Tuesday (January 28). The Amur-SPG, also known as the Soyuz-7 is a reusable, methane–fueled, orbital launch […]

January 28, 2025

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

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 […]

January 28, 2025

Maduro: “Venezuela Is Part of BRICS” 

The Venezuelan President, Nicolas Maduro, has stated that Venezuela is a part of BRICS and the path to join the BRICS group is being cleared. He was speaking during an interview with Brazilian journalist Breno Altman, broadcast by Venezolana de Television TV channel. Brazil had previously blocked Venezuela from joining due to concerns about the […]

January 28, 2025

Russia’s Digital Financial Assets Grew Fourfold In 2024  

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 […]

January 28, 2025

Can Russia And BRICS Produce A DeepSeek And Overtake ChatGPT?  

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 […]

January 27, 2025

China – Shanghai Cooperation Organisation Demo Zone TIR Shipments Increase

The China-SCO Regional Trade and Economic Cooperation Demonstration Zone (China-SCOZ), which is based in China’s Qingdao Port in its Eastern Shandong Province, has been testing shipments to other Shanghai Cooperation Organisation (SCO) countries. By the end of 2024, the number of shipments of trucks utilizing the TIR system reached 283, according to Qingdao Customs. The […]

January 27, 2025

Eurasian Economic Union Adopting Intelligent Transport Systems

The Council of the Eurasian Economic Commission has approved a concept for improving the interaction of intelligent transport systems of the Eurasian Economic Union (EAEU). The EAEU includes Russia, as well as Armenia, Belarus, Kazakhstan and Kyrgyzstan. It has free trade agreements with China, Serbia, Iran, and Vietnam and is negotiating numerous others, including with […]

January 26, 2025

Russian tourism to Vietnam up by 85%

According to the Russian Union of Travel Industry press service, “Tourism to Vietnam increased by 85% in 2024; tour operators included this destination in the top 10 this winter. But a return to the pre-pandemic (2019) figures is hampered by the limited number of direct flights: flights from Moscow are only to Ho Chi Minh, […]

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