Category Archive for "Russia News" | New Defence Order. Strategy

Moscow Exchange in 2023: Results

The trading structure at the Moscow Exchange underwent significant changes in 2023. The main outcome of the year was the growth in trading in yuan, reaching a record 42%, displacing the US dollar from the top spot. Alongside this, there is a rising demand for other currencies from "friendly" countries; however, their volume is currently…

29.01.2024

In 2023, the Russian economy showed growth of 3.5% and almost 4% in industrial production. This year, however, it will not be possible to repeat these successes, as there are a number of favorable factors that contributed to growth. The main challenges to growth in 2024, among other things, will be the risks of high…

16.01.2024

Russia’s Gold Reserves Reached Record Levels

In November, the current volume of monetary gold in Russia's reserves exceeded the $150 billion mark for the first time. According to the regulator, the value of monetary gold amounted to $151.9 billion, which is 2.2% higher than in October and by $3.198 billion. in total. The physical volume of gold decreased by about…

14.12.2023

The majority of Russian companies have managed to adapt to sanctions by finding new suppliers and replacing raw materials, materials, services, and software, according to a study by the Russian Union of Industrialists and Entrepreneurs (RSPP). Mainly, equipment and components are now being procured from new foreign counterparts, and some companies have succeeded in establishing…

21.11.2023

Investments in Russian Startups Have Fallen Tenfold

In the first half of 2023, the volume of investments in startups fell by more than 10 times, Kommersant writes with reference to data from the Dsight platform. Experts explain this by the fact that in the current context, venture capital investments have ceased to be a priority, and the focus has shifted towards buying…

23.10.2023

Top-5 Russian Trading Partners in Africa

According to the Ministry of Economy, during the first eight months of 2023, the volume of trade between Russia and African countries increased by 43.5% compared to the same period last year, reaching $15.5 billion. These figures were published in a report presented to the RBK publication. The Ministry of Economy's press service…

02.10.2023

The Russian government has taken radical measures to stabilize oil product prices. As of September 21, the export of commercial gasoline and diesel fuel from Russia has been temporarily suspended. Market participants expect that the embargo will not last longer than a month, though specific timelines are unclear. In the event of an extended embargo,…

22.09.2023

Russia has achieved a reduction in the discount for selling oil to India to $5 per barrel. Nevertheless, New Delhi has no intention of giving up Russian oil since Urals still remains the most affordable option available in the global market. Despite India's desire to reduce its dependence on Russian oil, it is likely to…

15.09.2023

Russia Becomes Turkey’s Biggest Coal Supplier

Russia has become the largest supplier of coal to the Turkish market, in the first eight months of 2023. Russian coal provided about 70% of all Turkish imports. This growth was made possible thanks to the discount with which it is sold. Analysts believe that if discounts are maintained, the dominance of Russian coal…

05.09.2023

Russia Made It To The Top-5 World Economies… Or Is It?

In 2022, Russia entered the top-5 largest economies in the world according to the World Bank. This achievement was attributed to the calculation methodology and favorable economic conditions, as stated by experts from the Profile magazine. However, in the current year, the global economic landscape has shifted significantly, and experts believe that replicating last year's…

23.08.2023

Russia News

Moscow Exchange in 2023: Results

What Awaits Russian Economy in 2024

Russia’s Gold Reserves Reached Record Levels

Russian Companies Succeed at Adaptation

Investments in Russian Startups Have Fallen Tenfold

Top-5 Russian Trading Partners in Africa

Russia Suspended Fuel Export

Nowhere to Go from Russian Oil

Russia Becomes Turkey’s Biggest Coal Supplier

Russia Made It To The Top-5 World Economies… Or Is It?

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