By Rhod Mackenzie
China is willing to work together with BRICS countries to implement the consensus reached by the countries' leaders to promote the membership expansion process and enhance cooperation among emerging markets and developing nations, Chinese Vice Foreign Minister Ma Zhaoxu said on T...
By Rhod Mackenzie
There are new liquefied natural gas (LNG) terminals and gas storage facilities under construction all across Asia. The lessons learnt by the unpleasant experience of 2022, when the price of a million British thermal units (MBTU) of liquefied gas rose to a record $70 ($2,450 per t...
By Rhod Mackenzie
The level of the external debt of the Russian Federation in relation to GDP in the first quarter of 2023 dropped to a historic low of 15%. This is evidenced by the data of the Central Bank.
At the end of last year, the volume of debt to non-residents to GDP was 16.6%, and then...
By Rhod Mackenzie
Oil may rise in price to $90 per barrel within a month, analysts told Izvestia. In June, the cost of black gold has already increased from about $75 to $80 per barrel. Analysts think the main reasons for the limitation of supplies by OPEC+ countries, the growth in demand for raw...
By Rhod Mackenzie
In the first five months of 2023, Japan more increased grain imports from Russia, by 509.7%, the Japanese Finance Ministry reported . It is obvious that Japan, in its sanctions policy, takes a more flexible position towards Russia than a number of Western countries, analysts beli...
By Rhod Mackenzie
From the beginning of this week to Tuesday evening, depositary receipts of one of the largest agro-industrial holdings in Russia and the CIS, Rusagro, grew by more than 13%, while the Moscow Exchange Index added only a percentage.
One of the growth drivers for the shares was th...