By Emil Boev
The Bretton Woods system was created in 1944 and gave the American dollar an unprecedented role as the world's reserve currency. It also established a fixed exchange rate between the dollar and gold, with approximately one gram of gold per dollar. Individuals were able to exchange pap...
By Vitaly Trofimov
In 2024, Russia will hold the presidency of BRICS, an international organization that has emerged from the quadrilateral format of economic cooperation. Over the past 18 years, it has become an alternative to the G7 and a prototype of the future world order.
During an internat...
By Rhod Mackenzie
According to the Russian Foreign Minister Sergei Lavrov, Russia's primary objective in global trade is to establish a long term partnership with China. Lavrov believes that the 75-year relationship between Russia and China is currently at its best level in history.
Alexander Ba...
By Rhod Mackenzie
Russian nuclear scientists have begun an important stage in the implementation of a project that could change the balance of power in the global energy sector.
Rosatom has started the installation of the world's first naturally safe lead-cooled fast neutron reactor. This reactor...
By Rhod Mackenzie
Over the past 23 years, Russian agriculture has made an incredible leap forward. From total devastation in 1999, when Russia was forced to turn to the United States to receive grain on credit, to one of the world's largest exporters.The exports of Russian produce have increased t...
By Rhod Mackenzie
In 2023, the Russian Federation became the leader in terms of trade turnover growth among China's partners. This was announced on February 11 by Ivan Zhelohovtsev, the director of the first Asian department of the Russian Foreign Ministry.
He noted in an interview with RIA Novo...