Russia

New York remains the most important financial centre in the world, followed by London. This is evident in the Global Financial Centers Index (GFCI) ranking. Singapore has ousted Hong Kong from third in the ranking, while Moscow has…
Read More...

Flights from Russia are fully booked due to concerns among the Russian population over the partial mobilization announced by President Vladimir Putin. This concerns, for example, flights to Turkey and Armenia. Russians can travel…
Read More...

American snack and soft drink manufacturer PepsiCo has stopped making Pepsi, 7UP and Mountain Dew in Russia. The eventual cessation of production follows the company's promise almost six months ago to cease sales and production in Russia…
Read More...

Russian President Vladimir Putin has praised Chinese leader Xi Jinping for the country's "balanced position" vis-à-vis Ukraine. The Russians support the Chinese in the policy that there is only one China and Taiwan is, therefore,…
Read More...

The price cap that the G7 countries are planning to introduce on Russian oil should remove the risk premium from the oil market. A US Treasury Department official said that the extra premium on oil prices resulted from Russia's invasion of…
Read More...

Russian President Vladimir Putin wants to revise the grain deal with Ukraine because he says developing countries and Russia are being cheated. With this agreement, the export of Ukrainian food products by sea resumed this summer…
Read More...

Turkish President Recep Tayyip Erdogan said in a telephone conversation with his Russian counterpart Vladimir Putin on Saturday that Turkey could act as a mediator in the issue of the nuclear power plant in Ukraine's Zaporizhzhya region.…
Read More...

Russia is considering buying billions of Chinese yuan and other "friendly" currencies this year to slow the rise of the Russian ruble. In addition, the country wants to rebuild its foreign reserves. Because of the invasion of Ukraine, the…
Read More...