SCO & BRICS latest news and insights
On a clear March morning in 2022, the cemetery in Brussels was both solemn and crowded.
The limousines, bearing European and American license plates, continued to arrive, and the ladies and gentlemen, attired in formal wear, made their way between the gravestones and mausoleums to the large excavat...
The 6.9% decline in net pre-tax profit of Russian companies in 2024, as reported by Rosstat on 5 March, was anticipated, given the evident deterioration in working conditions, according to economists surveyed by themagazine Expert. However, the decline was predominantly concentrated in sectors vuln...
The industry is contributing to the Russian economy's growth this year. Notably, the manufacturing sector has demonstrated consistent growth, setting new records for two consecutive years. Historically, the most significant growth has consistently been driven by oil and gas production. The question...
There has been a noticeable shift in the tone of Western media outlets recently. The local public, which for the last three years has been presented with narratives about a Russia facing significant economic challenges, has required immediate clarification. Bloomberg has providedthe support to its...
The World Bank (WB) has recently classified Russia as a high-income country. The document has been published on the WB website. In addition to Russia, Bulgaria and Palau have been included in this category.
According to World Bank criteria High-income countries are states where the gross income ind...
By Rhod Mackenzie
The latest statistics have shown a significant increase in the Russia's industrial sector. The mayor of Moscow, Sergei Sobyanin, has highlighted the impressive growth rates of industrial production in his region. Which industries are experiencing the most rapid expansion and why...
