News

Latest updates, insights, and analysis.

January 2, 2025

How Foreigners Can Pay For Goods & Services In Russia

The suspension of Russian banks from SWIFT, and sanctions resulting in Amex, Visa and Mastercard withdrawal from providing services in Russia have made it difficult for foreign visitors to access their own money while in Russia. It has also made it difficult to remit money to Russia for payment of goods or services, or for […]

January 2, 2025

Belgium’s Anheuser-Busch InBev and Turkiye’s Anadolu Efes Lose Total Equity On Russian InBev Beer Takeover

Decision is almost certainly due to Euroclear diverting profits from frozen Russian capital to Ukraine Belgian brewer Anheuser-Busch InBev and Turkey’s Anadolu Efes have lost, in the case of the latter, perhaps temporarily, in their attempts to strike a deal for the assets of Russian joint venture Anheuser-Busch Inbev Efes. On Monday, January 1, Russian […]

January 2, 2025

Putin Calls For Russia-China Artificial Intelligence Alliance 

Russia’s President Vladimir Putin has instructed the government and Sberbank, the country’s largest bank and a tech innovator, to create an alliance with China to develop artificial intelligence. Putin’s directive was issued after the Artificial Intelligence Journey Conference held in Moscow last month. Speaking at the conference, the President of the Russian Federation said: “Artificial […]

January 1, 2025

New 2025 Russia’s Pivot To Asia Guide To The Middle East

Russia’s Pivot to Asia have just published our ‘2025 Guide to the Middle East’ which discusses Russia’s trade, investment, and geopolitical dynamics with the entire Middle Eastern region. It includes country-specific data on Bahrain, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Oman, Qatar, Palestine, Saudi Arabia, Syria, Turkiye, the UAE, and Yemen. It is essential reading […]

December 31, 2024

Russia’s Development Readiness For National Autonomous Transport Networks

Russia ranks third in its readiness to implement Autonomous Transport (AT) systems among the BRICS, CIS and partner countries, second only to China and the United Arab Emirates and ahead of countries such as Saudi Arabia, Brazil and Turkiye, according to the latest Kept (ex-KPMG) ratings. For the assessment, Kept’s analysts compared countries with each […]

December 30, 2024

Russia’s 2024 Rice Harvest Up 17% To Reach A Record High

The Russian Ministry of Agriculture has stated that Russia has produced a record rice harvest this year, amounting to more than 1.2 million tons. This is 17% higher than for 2023. According to the Ministry, Russia now has 207,000 hectares of rice under production. Almost two-thirds of that is from Krasnodar, where the harvest amounted […]

December 29, 2024

Mama Mia! Russian Pasta Exports Increase 31% In 2024

Russia’s Agroexport Center has said that Russian pasta manufacturers exported nearly U$150 million of pasta in 11M 2024, up 31% year-on-year, with shipments amounting to approximately 115,000 tonnes in physical terms. Russian food producers have turned to manufacturing pasta as imported supplies from Italy, as part of the EU, have dried up due to sanctions. […]

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