Currently, Rosatom controls approximately 70% of the world export market for the construction of nuclear power plants where emerging powers in the global south are trying to boost their energy production and turning to Moscow for nuclear power.
Beijing appears deterred by cost and geopolitical considerations, but if realised “CKU” would open up shortest China-Europe rail route.
Russian President Vladimir Putin fired his long-standing friend Sergei Shoigu as head of the Defence Minister and replaced him with economist Andrei Belousov as part of a government reshuffle following his inauguration last week.
Russian President Vladimir Putin has updated the 12 National Projects that were launched in 2019 to transform Russia and improve the quality of life. The programme was upgraded last year to National Projects 2.0 and now have been expanded again.
Ukraine’s strikes on Russian oil refineries are doing what oil sanctions failed to do: reducing the Kremlin’s income from oil production, limiting its supply of fuel for the army and pushing up domestic prices, without driving up oil prices.
Europe has been turning a blind eye to a fifth of Russia’s LNG output that is flowing through EU ports, either to be consumed by member states or sent on to customers around the world, in what is a lucrative trade for the Kremlin.
The West is risking inciting a global conflict, Russian President Vladimir Putin claimed during his speech on Red Square at Moscow’s Victory Day celebrations.
The global economic landscape is undergoing a transformation not seen since the end of the Cold War. Soaring geopolitical tensions have seen the world fragment into large trading blocs based on economic and national security concerns.
Ankara has ambition to make country an energy supply powerhouse based on re-exports.
Russian forces launched an intense missile attack on Ukraine's energy infrastructure in six regions on May 8. Half of Ukraine’s power facilities are now out of action to the point where European imports won't cover this winter's demand.
US authorities had raised the threat of sanctions, leading the Austrian central bank to warn RBI against the deal.
Maximising the benefits of Russia’s surprising exodus.
A private company linked to Belarusian President Alexander Lukashenko is reportedly constructing a luxurious bolthole with hotel, restaurant and chalets in Russia’s mountainous village of Krasnaya Polyana, near Sochi, a joint investigation found.
The battle of the corridors is heating up as India promotes a new India-Middle East-Europe Economic Corridor (IMEC) route that will connect the subcontinent with Europe by traversing the Middle East over land then sea to the EU via Haifa in Israel.
The world could be heading for a 3-degree C warming trajectory as political headwinds slow the energy transition, says a new report by Wood Mackenzie.
An exhibition of captured military trophies has opened in Moscow, ahead of the May 9 annual Victory Day parade, showing off Nato armour and vehicles captured by Russian forces in the Ukraine conflict.
PM and president's websites temporarily offline in hacker attacks linked to Defence Minister Ejup Maqedonci's criticisms of Russia.
External environment improves for Russia – March trade surplus doubled to $16.8bn compared to average values in January-February; current account surplus rose to $13.4bn.
Neutral EU member states will be able to opt out of a plan to use profits from Russia’s central bank frozen assets to purchase weapons for Ukraine.
Russia’s heavy military spending is acting as an income inequality equaliser. A raft of Russia’s poorest regions are the biggest winner from the militarisation of the Russian economy, as state money pours into fixing up regional factories.