News

Latest updates, insights, and analysis.

November 9, 2024

Kaliningrad Amber Producer Opens Store In China, Eying Hong Kong

The Kaliningrad Amber Combine (KAC), which operates a chain of Amber-specific jewelry stores in Russia, has opened an outlet in Shenzhen, China, and is looking at the same in Hong Kong. The company will operate under a franchise agreement with the Chinese company “Shenzhen Hudafu Jewelry”. The store, which has an area of 115 square […]

November 9, 2024

Russia To Collaborate With Chile On Creating New Plant Varietals  

The Centre for Breeding and Primary Seed Production department of Russia’s EkoNiva Group has signed an MoU with Chile’s Agricultural Research Institute (INIA). It aims to help introduce accelerated breeding methods and develop the exchange of experience between the two countries’ main plant breeders. It plans to cut the time needed to create new agricultural […]

November 8, 2024

Russia’s Central Bank Forecasts Russia’s 2024 GDP Growth To Be 4%, Details Anticipated 2025, 2026, 2027 Growth Rates

The Central Bank of Russia’s (CBR) forecast for Russian GDP growth during 2024 is 3.5% – 4%, however, the final estimate for economic growth this year could exceed 4%, according to Kirill Tremasov, an advisor to the CBR governor. Tremasov, speaking at the Russian Economic Forum in Chelyabinsk, stated that “In 2023, Russia’s GDP growth […]

November 8, 2024

New Shipping Routes Open Between Russia and Egypt

Two new shipping lines are to open between Russia and Egypt for the transportation of refrigerated containers. Egypt’s Global Logistics, an agent of the Cairo forwarder Fox Shipping, will become the operator of two marine container lines: El Dekheila – Novorossiysk and El Dekheila – St. Petersburg. El Edkhelia is the main port of Alexandria […]

November 8, 2024

Rosatom Signs Radioactive Waste Management Agreement With South Africa

JSC TVEL, the management company of Rosatom’s nuclear fuel division, has signed a memorandum of cooperation with South Africa’s AllWeld Nuclear. The companies plan to work together in the decommissioning and management of radioactive waste in South Africa. The country has two nuclear power reactors, both located at the Koeberg Nuclear Power Station. The reactors […]

November 7, 2024

What A Trump Presidency Will Mean For Russia – Part Two – Sanctions, Nuclear Weapons & Trade

Part Two – Sanctions, Tariffs, Security, Technology and Bilateral Trade Sanctions During Trump’s first Presidency (2017-2021) as Russian President Putin has wryly noted, Trump placed Russia under more sanctions than any previous President had. Although that record has now been overtaken by the now-outgoing President Joe Biden, Trump is fully aware of the benefits of […]

November 6, 2024

Putin’s Speech As 28 New Foreign Ambassadors Present Credentials

The Russian President, Vladimir Putin has welcomed 28 new Foreign Ambassadors to Moscow and delivered a keynote speech to them collectively. The new Ambassadors are the highest diplomatic representatives of the following countries: Europe Genc Pecani (Albania), Alexander Rogozhnik (Belarus), Michel Gerebtzoff (Belgium), Ivan Orlic (Bosnia and Herzegovina), Jesper Var (Denmark), Marja Elina Liivala (Finland), […]

November 4, 2024

Russia At COP29 – Moving Carbon Regulation To Asian Standards

Russia’s pivot to Asia isn’t just about asset re-distribution, shifting supply chains, and new consumers, it is also affecting Russia’s regulatory environment, some of which will impact environmental cooperation with the European Union.   An example is carbon regulation in Russia, which has been focused on Western markets but is now turning towards Asia. These conclusions […]

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