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Russia and China will struggle for common policy on possible Russian soft underbelly Central Asia, Afghanistan, Mongolia, the vital Europe/Asia Caucasus crossroads, the Baltics, CEE and SEE.
Chinese President Xi Jinping just arrived in Moscow on a three-day state visit to Russian President Vladimir Putin that provides the Kremlin with a fig leaf of legitimacy for its military campaign in Ukraine and also promotes China to the top table.
Russian GDP contracted by 2.1% last year. For the current year, we expect an economic decline of similar magnitude.
Ukraine is the most mine-contaminated country on Earth. Red warning signs bearing skulls and crossbones litter the fields and forests of liberated territories.
Russia showed a 4.6% year-on-year increase in capital investment spending in 2022, according to the latest report from RosStat statistics agency. An analysis by Kommersant daily suggests that ...
Vienna is giving the impression that it is struggling to decouple its interests from Russia, if not actively avoiding doing so.
Saudi Arabia and Iran agreed to restore diplomatic ties on March 10, bringing an end to seven years of conflict between the two nations in a deal brokered by China that is expected to have wide-ranging consequences.
From March, Russians struggling to make ends meet will be able to take “credit holidays” for mortgages, consumer loans and credit card bills.
The forint’s 3% intraday plunge following the collapse of Silicon Valley Bank underscores the vulnerability of the currency despite the highest lending rates in the region.
Iranian Oil Minister Javad Owji said at the weekend that crude oil and gas condensates would be sold to foreign customers on the Iran Energy Exchange (IRENEX). They would be available to domestic buyers at the same price during a particular period.
Turkey has abruptly stopped exporting goods to Russia and one of Russian President Vladimir Putin’s strongest advocates in Europe, Hungarian Prime Minister Viktor Orban, has said that he might “rethink” his relations with Russia in the future.
Gloria Jeans is back. The store that officially sold the first Levi’s jeans in Russia after the collapse of the Soviet Union has closed a deal to take over Sweden’s H&M flagship store on Tverskaya, the main thoroughfare in Moscow.
Alfa Bank is a doyen of the Russian banking sector, a well spring of trained talent in the 1990s that did “real” banking business at a time when most oligarchs’ banks were either “bank-like” institutions or glorified treasury operators.
Agreement could have implications on reviving nuclear deal and could even help build ties between Moscow, Beijing, Tehran and Riyadh.
London-based sanctioned Russian billionaires Mikhail Fridman and Petr Aven of the Alfa Group are preparing to sell Russia’s largest private lender Alfa Bank for RUB178bn ($2.3bn) to long-time partner Andrei Kosogov.
One year after Russia’s invasion of Ukraine upended agricultural commodity markets, food prices remain elevated even after retreating from their record highs in early 2022.
Inflation peaked in late 2022, and is projected to return to the target within the first half of 2024.
Women are underrepresented in the growing ICT and green energy sectors.
French President Emmanuel Macron is in Africa. US Secretary of State Antony Blinken has just been to Central Asia before visiting India, and Russian Foreign Minister Sergei Lavrov has just completed a tour of Africa, India and the Caucasus.