New green industries could be worth $10.3 trillion to the global economy by 2050, equivalent to 5.2% of global GDP that year, finds a new report by Arup and Oxford Economics.
Russian Finance Minister Anton Siluanov said at a government meeting on January 10 that the country's federal budget deficit for 2022 had exceeded plan and ended the year at less than the 2% of GDP forecast earlier in the year.
Consumer price growth in Ukraine remained unchanged in December 2022, at 0.7% m/m, the same as in November, but lower than previous months, according to the State Statistics Service of Ukraine on January 10, Interfax Ukraine reports.
There is an old joke that the role of economic forecasters is to make astrologers look good. Forecasting GDP or inflation for the upcoming year with any degree of accuracy is virtually impossible, but there are some scary signs appearing.
On the first working day, the ruble rose in price against the dollar and the euro to a level that was recorded at the end of last year, having won back all of its losses over the holidays as of January 2.
"The failure to prevent the crisis in Ukraine exposed the limitations of the warning and risk reduction mechanisms used by the EU..."
Can safety protocols be maintained in a poor country like Kyrgyzstan, where corruption is rampant?
Russian authorities claim to have killed 600 Ukrainian servicemen in a retaliatory strike after Ukraine killed 400 Russians with a missile strike on New Year's Eve.
Record-high December and January temperatures have allowed Germany to inject more gas into its gas tanks to hit 90% full as of January 6, from 87% a few weeks ago, in an unprecedented result.
As the Western nuclear industry flounders, Russia’s Rosatom is building nuclear power plants on time and under budget around the world, while selling uranium to the United States.
Kyiv is sending a strong message to the West; Ukraine needs offensive weapons if it's going to win this war.
World coal consumption reached a new high in 2022 before levelling out in 2023 and 2024, with rising usage in emerging Asian countries cancelling out falling demand in advanced economies.
The exit of the international car makers from Russia following the invasion of Ukraine has left a huge hole in what is one of the biggest car markets in Europe. China’s leading brands are rapidly moving in to fill the void.
Mutual FDI stock in the Commonwealth of Independent States (CIS) countries grew fast until Russia went into recession in 2012, when its GDP growth sank to zero. However, it soon started to recover, with Russia playing the leading role in the region.
In a surprise move, Russian President Vladimir Putin ordered a 36-hour ceasefire in Ukraine in observance of Orthodox Christmas.
Russia will lose its majority stake in the Eurasian Development Bank (EDB) after the council of the Kazakhstan-based bank approved a redistribution of member states’ shares, according to a document seen by bne IntelliNews.
Russian opposition publication Mediazona released a map on social media that shows the highest mortality rates from the war in Ukraine are in Russia’s poorest regions.
Eight countries in Europe recorded all-time high temperature records for January on New Year’s Day this year. The following data draws from the visualization of meteorologist Scott Duncan and reports by the BBC, Statista reports.
Russia currently controls 16.55% of Ukraine, a huge drop from its peak of nearly 25% in March. War Mapper, an Open Source Intelligence Twitter account, uploaded several graphs on January 3 visualising the ongoing battle for territorial control.
Kazatomprom said it was avoiding routes across Russia due to sanctions on the country.