“The world has entered a new era,” says Iranian president. “Hegemony and unilateralism are failing. The international balance is moving toward multilateralism and redistribution of power to the benefit of independent countries.”
Russia goes to the polls this weekend to vote in a new Duma. There is little doubt that the ruling United Russia will win a majority. The elections are fixed. But in many regions the elections are fair and those are the smart voting targets.
US lawmakers made a last ditch effort to kill off Russia’s recently completed Nord Stream 2 gas pipeline, which is now completed but not yet in operation.
The global pipeline of proposed coal power plants has collapsed by 76% since the Paris Agreement in 2015, bringing the end of new coal power construction into sight, new research by green think-tank E3G finds.
The Russian Ministry of Energy will report to the government on potentially allowing state oil giant Rosneft access to gas exports "in the coming days".
Russia is going through a retail investment revolution. Plunging interest rates at bank deposits – long the favoured store of wealth for the average person – have led to a boom in Russians investing into equities.
Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.
Russia’s Communist Party is likely to get a big bump in this weekend's Duma election after opposition activists Team Navalny threw its weight behind most of its candidates as part of its “smart voting” strategy.
Sber, the state-controlled financial and digital giant, is considering having some of its digital subsidiaries listed, stated Sber president Herman Gref last week on the sidelines of the Eastern Economic Forum, reiterating previous statements.
The international listed Russian tech giant Yandex said it beat off the largest distributed denial-of-service (DDoS) hacker attack in the history of the internet.
On September 1 KupiVIP, once a top Russian fashion site, and its affiliate Mamsy.ru, wound up their operations September 1, unable to compete with Russia’s new generation of online retail giants, reports East-West Digital News (EWDN).
Russia’s earnings from tech exports have jumped more than threefold over the last two years, according to a new report from Moscow’s Higher School of Economics (HSE), reports East-West Digital News (EWDN).
Bugs can become big business. Entoprotech, an Israeli biotech start-up has raised $2mn to develop its black soldier fly (BSF) to process organic waste that will reduce methane emissions from landfills and create animal feed as a byproduct.
Europe’s largest retail market may see sales from small local shops offering low-price basic items more than double over the next five years. Russia's new "ultra-convenience" stores are the next big thing in retail.
Russia’s ruling party, United Russia, has been cracking down on opposition politicians and independent media in order to influence the fast-approaching Duma elections and has rolled out a number of dirty tricks.
Russia's consumer price index posted 0.2% month on month and 6.7% year on year in August 2021. Inflation continued to accelerate, and was slightly above the Bloomberg consensus expectations of 0.1% m/m and 6.7% y/y.
Construction of the Nord Stream 2 gas pipeline is now fully complete, Gazprom announced in a brief message on September 10, although how soon it will start pumping Siberian gas to Europe is still shrouded in uncertainty.
The world got its first delivery of carbon-free steel last month, setting a pair of green goalposts for the industry’s future. Progress for the moment and future, all the same, will require changes in production processes, feed stock and fuels.
Islamic Republic applied to join as far back as 2008 but sanctions have hindered its path. Move to obtain membership may still meet additional obstacles.
Baku has been increasingly airing public criticisms of Moscow over the post-war order, which have been exacerbated by the lack of a formal mandate for the Russian peacekeepers in Karabakh.