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By Rhod Mackenzie

Last year alone, trillions of roubles were brought back to Russia by representatives of the richest class of Russian citizens. They used to believe that it was more profitable to keep money in foreign accounts, but now they take the opposite position. What has happened, and what...

By Rhod Mackenzie

Russia is actively increasing the production of a strategically important resource – helium. Currently, the largest market players are the USA, Qatar and Algeria. However, in the coming years, the balance of power may change significantly. According to scientists, by 2030 Russia...

By Rhod Mackenzie

The abandonment of Russian energy and calls for tougher sanctions have had the serious unintended consequences of very negatively impacting the economies of Eastern Europe and the Baltic States which have been the most vociferous and vocal critics of Moscow. The region is now fac...

By Rhod Mackenzie

The UK government has been accused of “helping Russia pay for its war on Ukraine” by continuing to import record amounts of refined oil from countries that are processing Russian fossil fuels.
According to UK Government data analysed by the environmental news site Desmog shows...

By Rhod Mackenzie

Today I want to talk about some dissenting opinions that have been have been voiced by a number of individual in the West about the imposition of sanctions on Russia over the Ukraine,their effects and and why actually they were not a great idea with hindsight.

Now . Dominic Cum...

By Rhod Mackenzie

Despite vocal opposition, the European Union continues to trade with Russia. In March, the Russian Federation received a record level of revenue in rubles for exports from European countries, with the share of the Russian currency reaching 58.5%. The energy sector obviously playe...