SCO & BRICS latest news and insights
By Rhod Mackenzie
The Russian President Vladimir Putin has just been in Mongolia for a scheduled visit. Now Moscow and Ulaanbaatar have a long-standing history of collaboration. However, this alliance is currently facing challenges from Western countries seeking to source minerals locally. Russia,...
The US Deputy Treasury Secretary, Wally Adeyemo, who is obviously a diversity.equity and inclusion hire because of the colour of his skin and not his brains has stated that the US government plans to pursue legal action against any country that allows Russian banks to open branches within their juri...
By Rhod Mackenzie
The financial performance of Russian businesses acros all sectors of the economy have shown a positive trend, with profits returning to growth. According to reports , profits for the period between January and May of this year increased by 13% to reach 13 trillion rubles.
This o...
By Rhod Mackenzie
Yesterday, Russian Minister of Agriculture Oksana Lut presented the results of a decade-long food embargo, which was initiated by a presidential decree and prohibits the import of agricultural products and food to Russia from countries that introduced or supported anti-Russian sa...
By Rhod Mackenzie
The share of the Russian currency,the ruble in its foreign trade has changed dramatically in recent years. The Central Bank reported new records for the ruble and friendly currencies in foreign trade.
This spring, they have been setting new records almost every month. At the sa...
By Rhod Mackenzie
Russia has become one of the top ten countries in terms of trade surplus. In general, post-Soviet Russia has consistently generated a positive trade balance, with exports exceeding imports. However, when such earnings are achieved despite challenges from Western countries, it is...
