Latest News for: Russian economic


Trade between Russia and China is booming so much that shipping containers are ‘piling up’

Auburnpub dot com 29 Sep 2023
China has emerged as a key economic lifeline for Russia after its invasion of Ukraine as the United States and its allies cut trade and imposed sanctions to choke off the Kremlin’s war effort ... Their growing trade ties have shifted Russian energy trade eastward and sparked criticism that China’s economic support is backing Russia’s war on Ukraine.

BRICS to create competitor to SWIFT international payment system

Press TV 29 Sep 2023
BRICS nations plan to create a money-transferring network competing with the SWIFT international payment system, Russian Finance Minister Anton Siluanov says ... The Russian official said the economic bloc was looking for ways to replace international payment systems with mechanisms that will help promote trade between member states.

Putin has been ignoring his generals and directing the war himself, analysts say — and ...

Business Insider 29 Sep 2023
Russian President Vladimir Putin (L) and Chief of the Russian General Staff Valery Gerasimov (R) at a meeting in Moscow in December 2022 ... Russian President Vladimir Putin is making key decisions about the Ukraine war largely on his own, without input from his generals, analysts said in a report published last week.

External pressure strengthening Russian economy Putin

Beijing News 29 Sep 2023
According to the president, the Russian economy requires ... The Russian leader emphasized that Western restrictions meant to weaken Russia are propelling its economic growth and offering new opportunities for creating jobs and strengthening education and technology in the country.

Russian oligarch rented out landmark NYC mansion days before getting hit by US sanctions: sources

New York Post 29 Sep 2023
DeadRussian admiral says ‘life goes on’ after Ukraine claims he was killed in missile strike, new video shows ... He is also a leading Russian business person involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation.”.

Environment to become a new focus of Swiss foreign policy

Swissinfo 29 Sep 2023
Compared to the current strategy, various adjustments are planned, in particular due to the new situation with the Russian war in Ukraine. “In a world marked by growing political and economic ...

Kim's tyrant towers: Giant 70ft models of North Korean dictator's father Kim Jong Il and ...

The Daily Mail 29 Sep 2023
The trip sparked Western concerns about a possible arms alliance in which North Korea would supply Putin with badly needed munitions to fuel his war on Ukraine in exchange for economic aid and advanced Russian technologies to enhance North Korea's nuclear and missile systems.

Evergrande founder joins list of Chinese tycoons investigated, arrested

Reuters 29 Sep 2023
Wu was prosecuted for economic crimes in early 2018 after China's insurance regulators found Anbang, an insurance-to-property conglomerate, had violated laws and regulations which "may seriously endanger the solvency of the company." ... In 2017, Ye's CEFC agreed to buy a nearly $9.1 billion stake in Russian oil major Rosneft.

UK, Canada, Taiwan criticise Myanmar as generals unleash ‘corrective purge’

Al Jazeera 29 Sep 2023
Russia, meanwhile, has emerged as a key supporter and armourer of the Myanmar generals with coup leader Senior General Min Aung Hlaing visiting Moscow, and Russian officials pictured frequently in Myanmar ... Some key economic portfolios were handed to General Mya Tun Oo, who was demoted and moved from defence minister to transport minister recently.

Pakistan receives first shipment of LPG: Russian embassy

The News International 28 Sep 2023
security personnel stands guard near a Russian cargo ship carrying crude oil docked at the ... Russia delivered 100,000 metric tonnes to Pakistan through Iran’s Sarakhs Special Economic Zone, the Russian embassy said in a post on social media.

Putin meets with South Sudanese president

Russia Today 28 Sep 2023
Russian President Vladimir Putin met with South Sudanese President Salva Kiir Mayardit in the Kremlin on Thursday ... The Russian leader said he believes that the development of oil refineries in South Sudan with the participation of Russian companies will bolster trade and economic ties.

Russia unveils huge spending hike to battle 'hybrid war'

Manila Bulletin 28 Sep 2023
It began its counter-offensive in June but has acknowledged slow progress as its forces encounter lines of heavily fortified Russian defences ... But Russia's central bank warned this month that economic growth was set to slow in the second half of 2023, while ordinary Russians feel the pinch from rising prices.

Russia unveils huge spending hike to battle ‘hybrid war’ unleashed by the West

Gulf News 28 Sep 2023
It began its counter-offensive in June but has acknowledged slow progress as its forces encounter lines of heavily fortified Russian defences ... But Russia’s central bank warned this month that economic growth was set to slow in the second half of 2023, while ordinary Russians feel the pinch from rising prices.

Russian FM, Egyptian ambassador opens exhibition of historical photos and documents in Moscow

Egypt Today 28 Sep 2023
Russian Foreign Minister Sergei Lavrov and ... Egyptian ambassador also noted that this cooperation is not limited to only the political and economic aspects, but extends to various cultural and humanitarian ones between the Egyptian and Russian peoples.

The costs of Russia’s war are about to hit home

Economist 28 Sep 2023
The drop is both a symbolic blow to ordinary Russians, who equate a strong currency with a strong country, and the cause of tensions in the Russian state ... Last week Vladimir Putin noted that “the recovery stage for the Russian economy is finished”.\nThe new stage of the economic war presents officials with tough choices.

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File - The President of the People's Republic of China, Xi Jinping, speaks during a BRICS forum in Brasilia, Brazil, 13 November, 2019.
Creative Commons / Marcos Corrêa/PR
FILE - Divers look for flood victims in the city of Derna, Libya, Sept. 18, 2023. The devastating storm that dumped torrential rains along the Libyan coast this month was up to 50 times more likely to occur and 50% more intense because of human-caused climate change, according to an analysis released Tuesday, Sept. 19.
AP / Yousef Murad, File
Nadine Menendez, leaves federal court with Sen. Bob Menendez, Wednesday, Sept. 27, 2023, in New York. Menendez and his wife pled not guilty to federal charges alleging he used his powerful post to secretly advance Egyptian interests and carry out favors for local businessmen in exchange for bribes of cash and gold bars.
AP / Jeenah Moon