Sanctions Impact on Russian FX Market: A 3rd-Party Perspective
What happened The Moscow Exchange and the National Clearing Centre faced blocking sanctions by the United States. As a result, American…
Moscow Exchange Sanctions: Bank of Russia Publishes FX Rates
In a rare move since the sanctions began affecting the Moscow Stock Exchange, the Bank of Russia now reports official exchange rates on its…
Budget Discipline in Russia: Sanctions, Reserves, and Sustainability
The Russian Ministry of Finance does not intend to abandon the budget rule, emphasizing that it provides a clear framework for forecasting the…
on QIWI Bank liquidation and regulatory actions
The Deposit Insurance Agency estimates that winding down QIWI Bank will cost more than 2.1 billion rubles. Most of this amount, roughly 1.9…
Gas Payments to Unfriendly Countries: A Regional Overview
Recent data trace the flow of Russia’s gas exports to countries that Russia views as unfriendly, revealing a substantial financial footprint…
Kahneman’s Legacy, a Punk Artist’s Tragedy, and Cultural Reflections
The recent passing of Nobel Prize laureate in Economics, Daniel Kahneman, at the age of 90 has prompted reflections on his enduring impact.…
TikTok sale resistance in US described anew
preferred option Chinese authorities have stated they will not permit a forced sale of the social network TikTok in the United States because…
Russian Brands Eye Chinese-Mominated Production with Domestic Trademark Strategy
In the near term, observers in Russia expect a noticeable uptick in official brand development for goods sourced from Chinese manufacturing…
on Russian rolled steel shortages and price trends
There are indications of a shortage in rolled steel used for construction in Russia, as reported by the daily newspaper Vedomosti. The…
2024 Metals Outlook: The Case for Gold and Silver with Market Commentary
Robert Kiyosaki, best known for the influential book Rich Dad Poor Dad, has long touted the idea that precious metals could play a pivotal…