News

Chinese Contractor To Build Cross-Border Oil/Gas Terminal At Nizhneleninskoye

China, Energy, Exports, Infrastructure, Investment

China’s Xuan Yuan Industrial Development Co. Ltd will act as the general contractor for the construction of an oil, gas and chemical terminal with a capacity of 7 million tonnes per year near the railway bridge crossing across the Amur River from Nizhneleninskoye in Russia’s Jewish Autonomous Region to Tongjiang in China’s Heilongjiang Province. Russia’s […]

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Algeria, Russia To Cooperate in African Energy Development

Africa, Energy, Exports, Investment

The Russian Deputy Energy Minister, Roman Marshavin, has been meeting his Algerian counterpart Mohamed Arkab, in Algiers, and have agreed to step up coordination in the energy sector, pledging closer collaboration within OPEC+ and the Gas Exporting Countries Forum (GECF) as well as joint projects in electricity and resource development, the Russian Energy Ministry has

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The Top Ten European Economies To Be Concerned About As Debt Levels Rise To Record Levels

Economy, Energy, Finance, Russian Market, Trade

News that the French economy has reached a debt-to-GDP ratio of 113% and that this is expected to climb further to 125% by 2030 has alarmed economists, who are stating that these levels are unsustainable and could create serious future damage. GDP/debt ratio figures represent the percentage of debt that a country has as compared

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100% Secondary Tariffs on China & India?

China, Economy, Energy, India, Russian Market, Trade

Update: September 11The European Union has rejected US President Donald Trump’s request to impose high tariffs on some goods from China and India, arguing that the bloc does not use tariffs as a sanctions tool. As we mention in this article, this decision will also carry implications for the EU as concerns its relations with

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Rosatom To Raise Capital On China’s Panda Bond Markets

China, Energy, Finance, Trade

Russia’s state-owned nuclear operator, Rosatom, is preparing to raise funds on the Chinese bond market. Rosatom, which builds nuclear power plants in Russia and abroad, is discussing the possible timing of a sale of RMB Yuan “Panda Bonds” and advise on how much it might raise. We first raised the intelligence that the offering was

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Russia Proposes Re-Launch of the Russia-Syria Intergovernmental Commission

Middle East, Security, Trade

The Russian Deputy Prime Minister, Alexander Novak, has proposed to the new Syrian authorities that the Russia-Syrian Intergovernmental Commission on Trade and Economic Cooperation should now be reactivated. He was speaking as part of a Russian delegation with Syrian officials in Damascus. Novak stated that “We propose to resume the work of the intergovernmental commission

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The BRICS Virtual Summit: A Dry Run For The UN General Assembly: Text & Analysis

Africa, Asia, BRICS, China, Economy, Finance, India, Latin America, Middle East, Russian Market, Security, Trade

The BRICS nations convened an emergency virtual summit yesterday (September 8), hosted by Brazilian President Lula da Silva, to discuss the situation concerning the United States imposition of trade tariffs on multiple countries including BRICS members. The meeting lasted about 90 minutes. All ten full BRICS members were present, represented by Brazilian President Lula Da

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Russia-China Bilateral Trade Turnover Forecast To Grow Another 30% By 2027

China, Economy, Exports, Trade

The trade turnover between Russia and China, which grew by almost 2% last year to US$245 billion, can be expected to grow by another US$30 billion in the coming two years, according to Peter Zaselsky, the Chairman of Russia’s Roseximbank. He was speaking at the Far Eastern Economic Forum in Vladivostok. Russia-China trade turnover has

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Why Trump Won’t Win The Tariff Wars: The US Economy Is Too Small

Asia, BRICS, China, Economy, Exports, Finance, India, Russia, Trade

Plucky little Laos, in southeast Asia, has just become the latest country to ignore US import tariffs, by stating that it will redirect its US exports to other markets. Laos has been hit with a 40% import duty on its products. What is surprising about this move is that Laos is a relatively small country,

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Laos To ReRoute US Coffee Exports To Russia If US Tariffs Persist

Agriculture, Asia, BRICS, Imports, Russian Market, Trade

Laos could reroute its coffee sales from the US to Russia due to the 40% tariffs imposed by US President Donald Trump, Laotian Prime Minister Sonexay Siphandone has stated. Trump imposed levies on goods from Laos last month as part of a broader flurry of country-specific tariffs aimed at addressing what he called unfair trade

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