Russia’s largest carmaker AvtoVAZ is entering the African market via Nigeria. The auto giant plans to set up a service centre and parts warehouse in the Lekki Free Trade Zone in Lagos by the end of this year, and is also in talks with the Nigerian government to set up a local assembly plant. Nigeria’s […]
The United States has today (April 2) released new, immediate sanctions on Russia and in particular its energy sector. These appear based on a list of 50 measures introduced as a bill by several US Senators on Monday. Interestingly, these contain substantial penalties for third countries either buying from or handling Russian oil. Touted by
New US Sanctions On Russian Oil Exports – The China & India Implications Read More »
The Chinese Foreign Minister, Wang Yi, has been visiting Moscow this week and held meetings with Russian Foreign Minister Sergey Lavrov and President Vladimir Putin. Discussions revolved around bilateral and multilateral relations, including the coordination of Sino-Russian strategy as concerns the United Nations and the UN Security Council. Russia in particular has recently been unhappy
Russian Presidential and Foreign Ministerial Discussions With China Read More »
The Russian President Vladimir Putin met with Milorad Dodik, the President of Republika Srpska, the want-away region of Bosnia and Herzegovina on Tuesday (April 1). The timing is interesting as the European Union has just lost effective sovereignty over Eastern European energy supplies, with implications for the erstwhile Republic. Republika Srpska Dodik represents a region
India and Russia have launched annual joint naval exercises in the Bay of Bengal, designed to strengthen their defence cooperation. The Indra Navy 2025 exercises involve a wide range of activities, including communication training, maneuvering in formation, and artillery firing against sea and air targets. The Russian ships participating are the corvettes ‘Rezkiy’ and ‘Hero
India, Russia, Conduct Navy Military Exercises In The Bay Of Bengal Read More »
Western media has been full of numerous European Heads of State asking for increased military budgets to spend in order to repel a Russian invasion. These have mainly appeared to be based on the situation in Ukraine, which has largely been sold to the Western public as an unwarranted invasion to order to gain unspecified
The Bank of Russia has released 2024 statistics showing that the current account surplus of the balance of payments of Russia for the year amounted to US$62.3 billion. That is US$12.8 billion, or 26.0% more than in 2023 (US$49.4 billion). The Central Bank had previously estimated the current account surplus for last year at US$53.8
Russia’s 2024 Current Account Surplus Up 26% On Previous Year Read More »
The Irtysh River originates in the Xinjiang Province of China and flows north-west across Lake Zaisan in Kazakhstan, meeting the Ishim and Tobol Rivers before merging with the Ob River in Western Siberia. The total length of the Irtysh across China, Kazakhstan and Russia is 4,248 kilometres, and it is navigable for 3,784 kilometres, from
Russia, Kazakhstan and China To Discuss Irtysh River Freight Development Read More »
The Russian President, Vladimir Putin gave the Plenary Speech at the 6th International Arctic Forum, which was held in Murmansk on 26/27 March. The event was subtitled “The Arctic: Territory of Dialogue.” Putin’s speech concentrated on very specific Russian Arctic development issues, including investment, infrastructure needs, incentives and the opportunities. Clearly, Moscow is putting huge
President Putin’s Speech About Russian Arctic Development: Content and Analysis Read More »
Russia’s Lavna Port on the Western shore of the Kola Bay in Murmansk is now ready for operations, with the commissioning work on the construction of the first stage now completed, and the terminal is ready for launch, according to Andrey Chibis, the Chairman of the State Council Commission on the Northern Sea Route and
Русский