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Bloc concerned Russian arms industry is stripping down imported household appliances and used cars for microchips and other spare parts.
Russian investment bank BCS has upgraded the Russian equity market to a “buy” with a 45% upside for 2023, the bank said in a note on March 27.
The 20-21 March Moscow summit between Chinese President Xi Jinping and Russian President Vladimir Putin has garnered significant attention and rightly so. It marks a significant change in the unfolding geopolitics.
Banks face a “high level of uncertainty” over the still unresolved legal risks concerning their foreign currency-denominated mortgage portfolio.
Russian President Vladimir Putin has declared Russia will store nuclear weapons in Belarus on March 25 in response to the UK announcement it will send depleted uranium shells to Ukraine.
Every unhappy country is unhappy in its own way.
Russia’s Economic Development Ministry upgrades its economic growth forecast for 2023 from a fall of 0.8% to some small growth of between 0.1% and 0.2%, Minister Maxim Reshetnikov said March 24.
South Africa declares a state of disaster as it grapples with a severe energy crisis that has far-reaching impacts on its economy and society. The country's coal-fired power plants, which generate 95% of its electricity, fail to provide enough power.
Country’s banking system assessed as in strongest position it has been in for many years, but vulnerabilities “could be exposed if concerns about the global banking system were to escalate”.
The status of the breakaway territory must be settled as part of any final peace agreement between Armenia and Azerbaijan, and this will require a joint effort of Russia and the West in the UNSC, says Armenian billionaire.
Chinese President Xi Jinping is visiting Putin in Moscow as formal talks take place as part of a three-day visit. With the strength of Sino-Russian ties under strong focus, this infographic shows how crucial China has become to the Russian economy.
Kazakh traders have been helping fill Russian demand for high-tech consumer goods and other items hard to obtain under Western sanctions.
Chinese President Xi Jinping took his leave of Russian President Vladimir Putin from a two-day visit to Moscow with a smile on his face. But despite the important show of solidarity, Putin got little in concrete terms from the Chinese leader.
Poll only counted those certain to vote, thereby reinforcing liberal narrative that all parties must unite against populist PiS government.
Ukraine’s IT sector has seen a mass migration of its employees. With former IT hubs like Kharkiv, Dnipro and Odesa close to the front line, many specialists have moved to Western Ukraine, where life is somewhat more normal.
Despite mass demonstrations in Georgia against the seemingly pro-Russian “foreign agents” law in March and growing Russian trade turnover following the start of the war in Ukraine, the government in Tbilisi remains dedicated to joining the EU.
The Georgian economy has bounced back fast from the series of sharp shocks of recent years, and rather than being dragged down by the polycrisis that has been unfolding.
Ukraine has secured a staff-level agreement with the International Monetary Fund (IMF) for a 48-month $15.6bn Extended Fund Facility (EFF) arrangement, the government said on March 22.
Mayor says on-demand transport project was very popular but too expensive to run in a rural area.
For the past six months, the US Fed has been fighting inflation by jacking up interest rates and tightening money supply to fight inflation. This author, and others, predicted that “something will break”. Something did break: SVB