By Maria Stroiteleva
The health index of Russian business in the second quarter of 2023 reached 69 points - the value was the highest for the period from 2019 to 2023 . This is stated in a joint study by hh.ru, Tochka Bank and Calltouch (available to Izvestia). The highest rates of recovery were s...
By Sofia Smirnova
The most cautious forecasts on the dynamics of the development of the Chinese economy were confirmed for the worse. According to the Bureau of Statistics of China, in July 2023, industry grew by only 3.7% compared to the same period in 2022. According to forecasts, the value sho...
By Sergey Manukov
In recent weeks, the same picture has been observed everywhere: the demand for oil is growing, and growing strongly, and with it the prices of oil itself are growing, which have already come close to $90 per barrel of Brent oil.
Differentials for spot tankers from the Middle Ea...
By Dmitry Skvortsov
The US is sounding the alarm - the BRICS organization, which includes Russia, is looking to create its own currency and thereby oust the hegemony of the dollar. Indeed, dozens of countries already want to join the BRICS. However, not all BRICS members support the expansion of t...
By Rhod Mackenzie
The new North-South transport corridor from Russia to India will exclude Europe from logistics between Russia and Asia and will become an alternative to the Suez Canal. When will this happen and what is needed to restore the ancient trade route "from the Varangians to the Persian...
By Rhod Mackenzie
The Bank of Russia at an extraordinary meeting raised the key rate by 350 bp to 12% per annum.
“This decision was made in order to limit the risks to price stability,” the regulator’s website states.
The Central Bank stated that inflationary pressure continues to increase; on...