Latest updates, insights, and analysis.
Russia just became the world’s largest crypto economy As we had predicted, Russia has adopted a law in the second and third readings that allows cross-border settlements and exchange trading in digital currency within the framework of experimental legal regimes (ELR) from September 1. Russian lawmakers also legalized cryptocurrency mining in Russia. The Central Bank […]
Venezuela could transfer the development rights to its vast oil and gas fields that are currently operated by American energy companies to entities from BRICS nations, President Nicolas Maduro said on Friday. Maduro is currently facing pressure from Washington following contested elections, with Washington recognising his opponent as the legitimate President. Venezuela is also a […]
The Indian government has approved a proposal for building a large deep water port on its western coast to connect it with major global trade networks and handle trade with Russia, New Delhi has announced. The port, to be built at Vadhavan in the Maharashtra state, would aid trade flow through the International North-South Transportation […]
Russia expects to continue fruitful cooperation with the Central African Republic (CAR) in the military and military-technical spheres following the UN Security Council’s decision to lift the arms embargo on the country, Alexander Bikantov, the Russian Ambassador to Bangui has said. “We count on the continuation of fruitful military cooperation in the interests of our […]
Aeroflot has requested permission to arrange direct flights to and from the island of Bali, starting from September 2024, the airline has stated. The airline is now awaiting the Indonesian aviation authorities’ decision, however this is expected to be granted. Indonesian President-elect Prabowo Subianto said at a meeting with Russian President Vladimir Putin on Wednesday […]
The Zabaikalsk border checkpoint on the Chinese border with Manzhouli in China’s Inner Mongolia Province is now the most in-demand crossing between Russia and China for cargo carriers. According to Russia’s Federal Customs Service (FCS), in the first six months of this year, imports of Chinese goods to Russia through this border crossing increased by […]
The Ob, Irtysh, Lena, and Yenisei Rivers are all to be developed to access the Northern Sea Route Russia’s Federal Agency for Maritime and River Transport (Rosmorrechflot) and Rosatom are to jointly create logistics hubs on the Ob, Irtysh, Lena and Yenisei rivers, with the aim to give improved access to the Northern Sea Route […]
Amur, Ussuri Rivers give Pacific Ocean access to China’s landlocked Heilongjiang Province Russia and China are developing cargo transport corridors under the joint “River-Sea” development programme for the first time. The Chinese deep-water, Manjita river port is located at Fuyuan city in Heilongjiang, with the Manjita port having access to the Amur (Heilongjiang) and Ussuri […]
The sixth Russia-China Energy Business Forum (RCEBF) has been taking place in Moscow, with over 500 politicians, heads of major companies in the energy and related industries, scientists, experts and analysts attending. Russia and China discussed issues of cooperation related to energy and the supply of hydrocarbons. The RCEBF has been held annually since 2018 […]
Russian President Vladimir Putin has said that the Free Trade Agreement between Indonesia and the Eurasian Economic Union (EAEU) is practically ready for signing, stating that “We are hoping that the agreement on a free trade area between the EAEU and Indonesia, which has been prepared for signing, will play a positive and noticeable role […]
Mass Digital Ruble Usage Expected By July 2025 In an effort to intensify, speed up, and broaden the available tools used for settling international transactions, the Russian State Duma has passed, in its first reading, a bill that opens the way for the Bank of Russia to launch an experimental platform for the use of […]
Russia has risen to the eighth place in global manufacturing output, according to a report issued by “Make UK”, a British institution that represents UK manufacturers and competitive markets. The report includes a wide variety of data about the contribution of manufacturing to different economies including exports, sectoral breakdown, R&D investment, salary levels and provides […]
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