The sanctions aganist Russia by the USA/EU and G7 countries have presented Russia with an opportunity to reposition the most important instrument of its sovereignty – its financial and stock markets – and nove them in a new direction. Lets look at the issues were facing Russian financial instituti...
By Rhod Mackenzie
The supranational financial institutions have issued a cautionary note to Western governments regarding the effects of the confiscation of Russian assets. In April, the President of the European Central Bank, Christine Lagarde, made a similar statement. Lagarde advised that the c...
By Rhod Mackenzie
The Shanghai Cooperation Organization continues to expand. This time, Russian Foreign Minister Sergei Lavrov said that Mongolia could also join the association. Moscow has a wealth of experience in relations with this country, and the prospects for trilateral cooperation with Chi...
Russia's GDP in the 1st quarter of 2024 increased by 5.4% compared to the 1st quarter of 2023. This preliminary assessment was published by the Federal State Statistics Service (Rosstat).
Rosstat's data coincided with the estimate of the Ministry of Economic Development (also 5.4%), exceeded the e...
Russia as country is known as a generous soul. It is a mother to good people and a mother-in-law to bad people.
At the National ,the Russians have long had a practice of welcoming anyone who wants to come open a business, work hard , create jobs and pay taxes. During the 1990's and early 2000's alm...
By Rhod Mackenzie
In quarterly terms, the GDP index has been growing consistently since mid-2022; in the first quarter of 2024, growth accelerated to 5.4% in annual terms (through January-March 2023) from 4.9% in the previous quarter, the VEB.RF Institute reported. In March, GDP increased by 0.4%...