News

Latest updates, insights, and analysis.

December 11, 2025

Russia’s Whoosh EV Bike Sharing Service Enters Colombia Market

The Russian-owned EV bike-sharing service Whoosh has entered the Colombian market in Latin America, starting operations in Medellin, the capital city, the company has stated. Colombia is the third country of presence for Whoosh in Latin America, with the service already operating in Chile and Brazil. Next year, Whoosh plans to add several thousand e-bikes […]

December 11, 2025

Japan Refuses To Expropriate US$30 Billion Of Russian Assets

Japan, which holds about US$30 billion of frozen Russian assets, has refused to seize the Russian assets it holds and send them to Ukraine, despite pressure from the European Union to do so. Japan holds cash reserves that had been previously used to help fund bilateral trade, worth an estimated US$30 billion. Japanese Finance Minister […]

December 10, 2025

Russia-Thailand Investment Forum 2025—Russia’s Comprehensive Economic Ties With Thailand And ASEAN

The First Russia-Thailand Investment Forum (RTIF 2025) was held in Phuket on November 26-28, 2025, and emerged as a flagship event for Russia’s engagement not just with Thailand but also with ASEAN. It represents not only an unprecedented platform for dialogue and business matchmaking but also a strategic milestone in the broader Eurasian-ASEAN economic integration. […]

December 10, 2025

Growing Russia–Vietnam Trade Momentum Sparks Optimism for Broader Russia-ASEAN Economic Gains

That Russia’s pivot towards Asia has been extensively discussed in Moscow’s strategic circles is no longer a distant projection on Putin’s longer-term wish list but an unfolding geopolitical and geo-economic reality. Nowhere is this more evident than in the accelerating partnership between Russia and Vietnam, one of Southeast Asia’s most dynamic economies and a crucial […]

December 10, 2025

The First UAE-Russia Business Forum: ‘Trade, Investment, and Connectivity Opportunities’ – Analysis

The first UAE-Russia Business Forum takes place today (December 10), in what promises to be a landmark event in the architecture of contemporary Eurasian connectivity. Organized by the Russia–UAE Business Council with the support of the Russian Ministry of Industry and Trade and coinciding with the 12th meeting of the Russia-UAE Intergovernmental Commission on Trade, […]

December 9, 2025

Russia’s Gold Reserves At A Record Valuation High

Russia’s gold reserves have reached a record high, with values of US$310 billion, the Bank of Russia has stated. Gold is traditionally viewed as a hedge against inflation and currency fluctuations and broke the fundamental line of US$4,000 an ounce in October. In 2023, gold traded below US$2,000 an ounce. Russia’s gold reserves total an […]

December 9, 2025

Russia, Turkiye, Assist Hungary In Maintaining Energy Sovereignty

Both Russia and Turkiye have been working to ensure that landlocked Hungary retains its energy supply sovereignty and does not have to cede to European Commission demands. In the first instance, Hungarian Prime Minister Viktor Orban has said that Turkish President Recep Tayyip Erdogan has agreed to guarantee the continued flow of Russian gas through […]

December 9, 2025

Russia, Indonesia, Sign MoU On Joint Shipbuilding & Agriculture Projects

Russia and Indonesia have signed a memorandum of cooperation in shipbuilding, providing the necessary regulatory framework for developing cooperation. Details of the agreement have not been provided. The agreement was signed between Anton Alikhanov, the Russian Trade & Industry Minister, and Agus Gumiwang Kartasasmita, his Indonesian counterpart. Alikanov said that the parties had confirmed their […]

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