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Over the past year, the BRICS economic alliance has grown notably in its prominence. Indeed, the bloc enacted its first massive expansion since 2001, inviting six nations to join its ranks. Subsequently, amid that expansion, the BRICS alliance is predicted by Goldman Sachs to dominate global GDP by...

The total investable wealth currently held in the BRICS bloc amounts to USD 45 trillion and its millionaire population is expected to rise by 85% over the next 10 years, according to the inaugural BRICS Wealth Report, published by international investment migration advisory firm Henley & Partners in...

By Rhod Mackenzie

Russia and Turkey are preparing for their first leaders' meeting of the year, tentatively scheduled for February 12 in Ankara. The parties will discuss key issues of bilateral cooperation, including the creation of a Turkish-Russian bank to solve payment transfer problems, amidst...

By Rhod Mackenzie

Konstantin Ordov, the Director of the Higher School of Finance at the Russian Economic University, explained to Izvestia on February 5 why the European Commission does not plan to impose new import bans on goods from Russia in the 13th package of anti-Russian sanctions. He stated...

Despite all the West's attempts to exclude Russia from world markets,they have not succeeded. According to Maxim Reshetnikov, the head of the Ministry of Economic Development, our country is successfully countering these attempts. Interfax reports that Russia's position is strong in the global marke...

By Rhod Mackenzie

The Russian Prime Minister Mikhail Mishustin has called on the EAEU countries to start implementing all the goals and objectives set out in the "Eurasian Economic Path" declaration as soon as possible.

Speaking at an expanded meeting of the Eurasian Intergovernmental Council, M...