Russia’s economy is stabilising with the spread in predictions of what’s coming later this year narrowing, the Central Bank of Russia (CBR) reported in its monthly macroeconomic survey. However, growth will also slow this year to 2.1%.
Fresh evidence indicates that the peace deal was probably too ambitious and, by failing to include the West in the talks, was stillborn.
By tinkering with the tax system, the Russian Ministry of Finance has created enough cash to pay for the war in Ukraine.
Since the beginning of the year, Ukrainian drones have attacked over two dozen Russian oil refineries and several oil depots in the first sustained campaign against Russia’s oil product producing facilities.
Tariffs on Ukrainian agricultural products are a pivotal sticking point in EU accession negotiations, sparking the need for a major reform of the bloc's Common Agricultural Policy.
The world’s leading Emerging Markets are moving rapidly up the World Bank’s latest GDP rankings in PPP (purchase power parity) terms as well as the annual foreign direct investment confidence ranking.
A new report by the Atlantic Council has suggested that China – using a so-called dark fleet in conjunction with Russian and Iran – is effectively getting around existing sanctions on oil purchases from both countries.
After failing to oust Alexander Lukashenko in the 2020 presidential election, Belarus’ exiled opposition politicians are divided and increasingly unwelcome in neighbouring Lithuania.
In spite of repeated memoranda signed between Iran and Russia in recent years, trade had dramatically declined by the end of 2023, according to new data released by the Russian Federation.
Russian President Vladimir Putin would have probably won the elections even if they had been free and fair, as Russians have never lived as well as they do today. The economy would have powered Putin to victory.
An epic brawl in the aviation insurance business is going nowhere as Western firms try to recover something from the Russian government, which seized billions of dollars’ worth of leased planes impounded by Russia.
This time last year and a cheer went up from amongst Ukraine’s supporters. The twin oil sanctions were moving into place and it looked like they were going to work as Russia’s oil revenue collapsed and the budget deficit blew out.
Based on the monthly estimate released by Russia’s ministry for economic development, on-year GDP growth has slowed in recent months, while budget spending is up sharply.
Emerging markets will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital Economics’ long-term forecasts.
European arms imports were up by 94% in 2019-23, as Ukraine's allies send military aid while also arming themselves, says new SIPRI report.
Countries in Central and Eastern Europe and Eurasia have a lower gender gap than the global average but only Latvian women have equal legal standing with men.
The EU has been discussing the possible ban of Russian aluminium for months but stopped short of taking such measures, If EU policymakers follow through on the suggestion in the next round of sanctions it could cause chaos on the metal markets.
With Western support for Ukraine’s war effort suffering as a result of the United States’ failure to agree on a new aid package, ordinary Ukrainian citizens are stepping up to the plate.
The pressure of the war in Ukraine has forced the Kremlin to push through a raft of long overdue reforms as its struggles to raise more revenues for the budget, increase the efficiency of the economy and keep the people happy.
Campaigners want compatriots law that would apply to peoples of Russia’s Buddhist republics and minorities with Mongolic origins the world over.