Tag: russia

Russia is one of the most influential countries in the world. Its impact can be heavily seen also in the financial and investment world, which is why the most important news related to Russia are always reported by us.
Grain from the Ukrainian war zone will be exported

Grain from the Ukrainian war zone will be exported

In Ukraine's Zaporizhzhya region, which is partly under Russian control, an agreement has been reached to allow grain to be sold abroad.
World Bank chief economist talks about global recession

World Bank chief economist talks about global recession

World Bank (WB) Chief Economist Carmen Reinhart doubts that the US and global economies will be able to avoid a recession.
Gazprom shares fall after dividend cancellation

Gazprom shares fall after dividend cancellation

Gazprom has lost more than a quarter of its market value after the state-owned company decided not to pay dividends to its shareholders.
Russia is heading for deflation

Russia is heading for deflation

Russia is facing a problem with low demand and a strong ruble. The ruble will have to weaken a bit or companies will have to cut production.
Supply and demand shocks in the food market

Supply and demand shocks in the food market

Record global food prices and the associated high consumer inflation is one of the most discussed topics of recent times.
G7 is ready to ban Russian gold

G7 is ready to ban Russian gold

G7's plan to ban bullion import from Russia has probably smaller effect than expected. Resistance holds the price under 1840$.
Russia is insolvent

Russia is insolvent

Russia has the money to pay its debts, but the sanctions will not allow it to repay it. The Russian side called the situation a farce.
Russia became China’s biggest oil supplier in May

Russia became China’s biggest oil supplier in May

The West doesn't want Russian oil, so exports are going east. Russia's oil imports to China rose 55% year-on-year in May, hitting a record.
OPEC+ falls short of its oil production target

OPEC+ falls short of its oil production target

The OPEC+ group fell short of its overall oil production target by 2.695 million barrels per day (bpd) in May.
Russia reduces the volume of gas sent to Germany

Russia reduces the volume of gas sent to Germany

Gazprom has reduced the maximum volume of Nord Stream 1 pipeline deliveries to Germany to 67 million cubic meters per day.