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Ten Years Of Crimea’s Integration With Russia: The Economic Development Data

Economy, Logistics & Transport, Trade

On March 18, 2014, the Republic of Crimea and the city of Sevastopol became part of Russia. The Russian newspaper Kommersant has published data on how Crimea has changed since it returned to Russia. GDP Growth From 2014 to 2022, the GDP of Crimea increased 3.5 times — from ₽189.4 billion to ₽655.9 billion (US$9.32 […]

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Russian Airlines Launch New Flights To China, Mongolia, Kazakhstan, Kyrgyzstan, Uzbekistan, Dubai, Philippines and Vietnam

Economy, Logistics & Transport, Trade

The new spring 2024 schedule for Russian airlines flight schedules includes the opening of new foreign destinations and the resumption of previously existing, but mothballed routes. Details are as follows: Russia-China Yakutia Airlines are to begin operating direct regular flights on the Yekaterinburg-Beijing route from April 4, with departures three times a week on Mondays,

Russian Airlines Launch New Flights To China, Mongolia, Kazakhstan, Kyrgyzstan, Uzbekistan, Dubai, Philippines and Vietnam Read More »

All BRICS Nations Are Piloting Digital Currencies But USD Likely To Remain Dominant  

BRICS, Economy, Finance

An Atlantic Council study published on Thursday showed that 134 countries, or 98% of the global Gross Domestic Product (GDP), are currently exploring the launch of a central bank digital currency (CBDC). This number has surged from just 35 since May 2020. The development is significant as it seems to predict an almost universal move

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Prospects For BRICS Under Russia’s 2024 Chairmanship

BRICS, Economy, Trade

The influential World Geostrategic Insights (WGI) forum has provided an interview with US-Russia expert Paul Goncharoff concerning Russia taking the Chairmanship for the BRICS group for 2024. The WGI also namechecked our own new Russia’s Pivot To Asia guide, which contains extensive chapters and details of the prospects for BRICS 2024. It can be downloaded

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Gazprom Starts Connecting Strategic Asian Gas Pipelines

Energy, Logistics & Transport, Trade

Russian energy giant Gazprom has begun work aimed at linking the country’s gas pipelines into a nationwide gas transportation system, the company has announced on its official Telegram channel.  According to the announcement, the company launched construction of the 800km Belogorsk-Khabarovsk section of a new pipeline in Russia’s Far East, which will eventually connect the

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Russian Tourist Visits To Egypt Hit Record High In 2023

Economy, Eurasian Economic Union, Logistics & Transport, Trade

With the European Union fully suspending the visa-facilitation agreement between the European Union and Russia as part of sanctions in 2022, and European airlines no longer providing direct flights, alternative destinations for Russian nationals replacing European destinations are now in vogue. That trend can be seen in the tourist traffic from Russia to Egypt, which

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FRIDAY BIZARRE

Miscellaneous

Our Look Back At Some Of The Weeks Most Bizarre Russo Political Moments Democracy Rules, OK!   With the Russian elections over, the London-based real estate agency, in the (democratic) United Kingdom have fired a Russian employee for voting. The London real estate brokerage Egre announced her sacking after complaints from a Ukrainian activist, who

FRIDAY BIZARRE Read More »

Russia Targets 160 New Arctic Class Ships For Northern Sea Route By 2030

Logistics & Transport, Trade

Rosatom, Russia’s nuclear powered icebreaker manufacturer, sees a need for 160 high-ice-class vessels to operate on the Northern Sea Route (NSR) by 2030 to export products from Arctic projects, according to a presentation by Vyacheslav Ruksha, Deputy General Director of Rosatom and Director of the NSR Directorate. Russia is the only country with a fleet

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Houthi Red Sea Attacks: “We Will Not Target Russian or Chinese Shipping”

Economy, Logistics & Transport, Trade

The Yemen-based Houthi militants have told Russia and China that their ships can sail freely through the Red Sea and Gulf of Aden without fear of being attacked. An understanding was reached during talks in Oman involving Russian and Chinese diplomats and senior Houthi political figures. The Houthi rebels have carried out dozens of drone

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