Source link Major economies that fail to address their mounting debt issues will die a “fiscal death,” the head of investment and wealth advisory Laffer Tengler Investments, Arthur Laffer, has warned. In an interview with CNBC this week, he predicted a “decade of debt,” adding that the borrowing crisis has embraced both developed and emerging […]
Source link Deputy Prime Minister Denis Manturov has announced a billion-dollar investment for research and development in the field Russia expects to see a major increase in drones supplied to its military this year, Deputy Prime Minister Denis Manturov said in an interview with the TV channel Russia 24 on the sidelines of the second […]
Source link Chinese investors and households were major gold consumers in 2023 amid strong global demand for the safe-haven metal, the World Gold Council’s quarterly report has shown. According to the publication, Chinese investment demand for gold – spanning bars and coins – jumped 28% last year to 280 tons. Jewelry consumption was also up […]
Source link Moscow supplied nearly 2 million tons of fish products to twenty countries last year Russia’s seafood exports from the fish-rich Far Eastern Primorsky and Sakhalin regions surged by over 70% last year, data published by the Russian regulator responsible for food safety, Rosselkhoznadzor, showed on Thursday. The regions exported nearly 2 million tons […]
Source link The trend should continue once Cairo finalizes a free trade deal with the Eurasian Economic Union, Aleksey Tevanyan says Trade between Russia and Egypt is set to top $7 billion by the end of the year, Aleksey Tevanyan, Russia’s trade representative in the North African country, told RIA Novosti in an interview published […]
Source link The two countries have been ramping up economic cooperation at an unprecedented pace Russia supplied more oil and petroleum products to China in the first ten months of this year than during the whole of 2022, as Moscow ramps up energy cooperation with the Asian country, Deputy Prime Minister Alexander Novak revealed on […]
Source link Russian fuel exports rebounded in November following the easing of export restrictions and the end of the refinery maintenance season, Bloomberg reported this week, citing ship-tracking data from Vortexa. Shipments of refined fuel surged to 2.2 million barrels per day (bpd) last month, rising by about 164,000 bpd compared to October, when supplies […]
Source link Brazil may boost supplies of industrial goods to the sanctions-hit country, Ambassador Rodrigo Baena Soares says Western sanctions on Russia intended to undermine its economy have opened a “window of opportunity” for Brazil, the country’s ambassador, Rodrigo Baena Soares, said on Monday. According to the diplomat, businesses in both countries have adapted to […]
Source link Russia’s trade turnover with neutral and ‘friendly’ countries, defined as those that have not sanctioned Moscow over the Ukraine conflict, has surged over the past year, Foreign Ministry official Dmitry Birichevsky said on Tuesday. According to the diplomat, who heads the ministry’s department for economic cooperation, while imports from the EU and other […]
Source link The government has raised nearly $8 billion in liabilities since October 7, according to the Finance Ministry Israel has raised about 30 billion shekels ($7.8 billion) in debt since the start of the conflict with Palestinian militant group Hamas, the country’s Finance Ministry revealed on Monday. According to the ministry, $4.1 billion of […]