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Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
INSIDER via Yahoo News Singapore· 20 hours agoThe World Bank's upgrade confirms reports from Russia that suggest the growth is primarily driven by...
A growing club led by Xi and Putin to counter the US is adding a staunchly pro-Russia member
CNN via Yahoo News Singapore· 22 hours agoA club of Eurasian countries spearheaded by China and Russia to advance their leaders’ vision of an...
Russian regulator encourages use of crypto to counter sanctions
Reuters via Yahoo Singapore Finance· 8 hours agoRussia's central bank told businesses they should use "multiple choice solutions" including...
Ukraine war: Sanctions against Russia failed to achieve goals, claims Moscow's UK ambassador
Sky News via Yahoo News Singapore· 1 day agoSanctions imposed against Russia over its invasion of Ukraine have failed to achieve any of their...
Russia seen hiking rates by 200 bps to 18% in July as inflation quickens
Reuters via Yahoo Singapore Finance· 2 days agoThe Russian central bank will hike rates by 200 basis points to 18% later this month as it tries to...
The U.S. deficit is nearly as big as Russia’s economy, and there’s a ‘vicious’ feedback loop that...
Fortune via Yahoo Singapore Finance· 3 days agoThe CBO's new estimate for the fiscal 2024 deficit is now $1.9 trillion, up from its prior view for...
Venezuela, US agree to 'improve relations,' says Caracas
AFP News via Yahoo News Singapore· 5 hours agoVenezuela and the United States have agreed to "improve relations" as they resumed negotiations just...
Xi Jinping and Putin Strengthen Eurasian Influence at SCO Summit
Oilprice.com via Yahoo Singapore Finance· 6 hours agoThe deals could be crucial for Tajikistan’s investment-starved economy, but the country is already highly indebted to China and has few avenues to pay it down. Across The ...
Russia's VTB bank says US sanctions have complicated cross-border transactions
Reuters via Yahoo Singapore Finance· 6 days agoThe sanctions package also targeted China-based companies selling semiconductors to Moscow, and the...
European Reliance on Russian Gas Persists Despite Sanctions
Oilprice.com via Yahoo Singapore Finance· 4 hours agoA Sky News investigation reveals how a British company is legally transporting Russian liquefied natural gas to Europe, highlighting the complexities and loopholes in the sanctions regime against Russia.