News

Latest updates, insights, and analysis.

April 1, 2024

Russia’s Pivot To Asia Interviewed By World Geostrategic Insights

Russia’s Pivot To Asia has been asked for comments by World Geostrategic Insights for what it terms “Russia’s shift to the global south.” In four detailed and highly complex questions – we provide the answers about issues concerning Russia’s identity, the prospects for a “Greater Eurasia”, Russia’s relationship with China, and the impact of sanctions […]

March 31, 2024

Northern Sea Route To See Record Shipping Volumes During 2024

Russia’s Rosatom state nuclear energy corporation expects record volumes of traffic along the Northern Sea Route (NSR) during 2024, CEO Alexei Likhachev said during last weeks ‘Developing the Northern Sea Route: Results for 2023’, and ‘Plans up to 2035’ meetings. Likhachev also said that the volume of transportation currently significantly exceeds the figures for the […]

March 31, 2024

Greater Tumen Initiative Plans Regional Eco-Tourism Development

The four countries participating in the Greater Tumen Initiative have agreed to come up with a joint collection of promising eco-tourism routes, and there are plans to issue it in 2024, the press service for the Russian Economic Development Ministry has said. Nikita Kondratyev, director of the Department of Multilateral Economic Cooperation and Special Projects, […]

March 30, 2024

Corporate Exits From Russia Have Cost Western Investors US$107 Billion

Western companies that have left the Russian market have suffered billions in write-downs and lost revenue, Reuters reported on Thursday, (March 28) citing calculations based on company filings and statements. The US and its allies have placed unprecedented sanctions on Russia over the past two years in retaliation for Moscow’s military operation against Ukraine. The […]

March 29, 2024

Russia Climbs To Seventh Place In Global Billionaire Rankings

The Chinese Hurun Research Institute has released its latest Global Rich List rating, with a surprise result in that India’s Mumbai has surpassed the Chinese capital Beijing in terms of the number of billionaires living there. Mumbai is now in third place in the world rankings after New York and London. In Russia, according to […]

March 29, 2024

FRIDAY BIZARRE

Our Look Back At Some Of The Weeks Most Bizarre Russo Political Moments The Pope On The Myrotvorets Hit List Pope Francis came in for a lot of criticism recently after he called for negotiations between Ukraine and Russia and that Kiev shouldn’t be afraid to compromise. That led to furious denouncements from Kiev as […]

March 28, 2024

The Best Expat In Russia Website and Online Resources, 2024

Readers have asked us for what online resources are available for expats in Russia. That’s been a moving target as many of these have left over the past few years due to covid and then the current situation, while a lot of what were websites have moved onto social media platforms. These issues combined have […]

March 27, 2024

India & Dubai Pick Up Global Diamond Business After EU’s Russia Sanctions

Western sanctions on Russian diamonds are proving good business for Mumbai and Dubai, where European traders and cutters are now relocating too, after Brussels decided to impose sanctions on Russian sourced gems. Russia is the world’s largest supplier of raw diamonds, mostly sourced from Siberia’s Yakutia region. Neither India nor Dubai have followed the sanctions […]

March 27, 2024

Ukraine’s Public Debt 2024 And The IMF: What Happens In April

The subject of Ukraine’s public debt is shortly to become a pressing issue as the International Monetary Fund (IMF) has scheduled a meeting to discuss it with creditors on April 17. The IMF have already stated that the matter requires ‘deep treatment’. According to Focus Economics, Ukraine’s Public Debt reached 78.5% of GDP in 2022, and is almost certainly […]

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