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By Rhod Mackenzie

The news that Russia is considering the possibility of storing part of its reserves in the currencies of the United Arab Emirates and Saudi Arabia made us think: why are we always looking for a safe haven abroad and not investing in our own projects?

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By Rhod Mackenzie

The impact of sanctions on the Russian economy has significantly contributed to the positive impact of the shadow sector, according to an article by the Higher School of Economics.It is worth noting that the article is not so much about breaking the law as about circumventing th...

By Rhod Mackenzie

India's decisions regarding its energy procurement are solely based on its national interests and are not influenced by the opinions of foreign powers. This statement was made by Subrahmanyam Jaishankar,the Indian Minister of External Affairs, during his address to the annual c...

By Rhod Mackenzie

The German Chancellor Olaf Scholz has accused Russia of severing energy ties with Europe and has blamed Moscow for the all the problems that Germans' currently face. Why cannot the German authorities admit their own responsibility? And how do ordinary Germans respond to such "po...

By Rhod Mackenzie

The economy of Russia is set to experience a growth of 3.5% by the year-end, as announced by Vladimir Putin at the "Russia Calling!" forum on December 7. Despite facing extraordinary sanctions, the country's development remained unhindered, as emphasized by the President. The e...

By Rhod Mackenzie

In the upcoming years, the financial world is poised for a genuine revolution that will ultimately erode the monopoly of the major Western banks. This announcement was attributed to Russian President Vladimir Putin with regards to analysts familiar with this subject. The primary...