Latest updates, insights, and analysis.
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
Russia is still actively in the process of refocusing its exports to the East and Global South.Trade with China and India has largely stabilized and the pace of its growth will slow, while new markets need to be developed, primarily exports to ASEAN countries, Russian Deputy Economic Development Minister Vladimir Ilyichev said recently in an […]
The Eurasian Economic Union (EAEU) may launch negotiations on a free trade agreement (FTA) with India in 2025. Deputy Economic Development Minister Vladimir Ilichev said that “this discussion has been ongoing for a long time. Moreover, on our side, at the EAEU level, all necessary decisions to begin negotiations have already been made. By the […]
Russia’s Rostselmash plans to expand exports to Iran and more African countries in 2025. Rostselmash is one of the largest global designers and makers of purpose-designed machines. The company has its own research and technology center, experimental facilities, modern production sites with complete manufacturing cycles. In the words of Konstantin Babkin, co-owner of Rostselmash “We […]
India has permitted the Russian insurer Soglasie Insurance Company to provide marine cover to tankers entering Indian ports, according to the Indian ship regulator’s website, as New Delhi desires a reliable and steady supply of Russian oil in spite of the latest escalation of U.S. sanctions. Taking matters a step further, India has extended the […]
Русский
