SCO & BRICS latest news and insights
A recent report by the Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF), has agreed with the earlier assessment of the Internationanl Monertary Fund from September that predicted the industrial production growth in Russia would be at least 3.5% by the end of 2024.
This is lar...
.Russia's trade with the United Arab Emirates has tripled over the past three years. The UAE has become the largest trading partner of Russia in the Arab world. What factors have contributed to this sharp increase in trade, and how have sanctions affected this growth? What role has Abu Dhabi played...
The BRICS summit started on Tuesday in Kazan. The event will run for three days and will host guests from 34 countries. The combined GDP of the BRICS countries has exceeded $60 trillion, which is in excess of the G7 countries. What factors have contributed to the decline of the "golden billion" and...
By Rhod Mackenzie
According to a recent report by Rosstat the number of Russians who are considered the most economically disadvantaged or as I would like to call it poor and who are unable to afford basic foodstuffs has been reduced to the level of zero. The report discovered that all Russian...
By Rhod Mackenzie
Russia is one of the world's largest econmies yet its public debt level is one of the lowest per capita. Russia is now ranked second only to India and Indonesia in the list of countries with the lowest debt per capita.
Now do remember when the Soviet Union collpased , Russia i...
For the first time since 2004, the proportion of the most economically disadvantaged Russians who are unable to afford basic foodstuffs has reached zero. The data in question were provided by Rosstat. It has been determined that all Russian families have sufficient financial resources to purchase fo...
