Russian sanctions update: VTB and unfriendly investors
A presidential order in Russia gives VTB Bank the authority to exclude shares held by investors from unfriendly countries from its authorized…
US ITC Maintains Silicomanganese Duties Amid Trade Tensions
U.S. officials have kept in place the existing restrictions on imports of silicomanganese from China and Ukraine, a stance confirmed by the…
Russia Mortgage Market Outlook 2024
Interfax reports that Anzhelika Rogozhkina, the deputy head of the bank and the regional manager for VTB in Kuzbass, foresees a clear slowdown…
Russia expands pensions for coal workers, pilots, and 80-year-olds
From November 1, pension benefits are set to rise for retirees in two physically demanding careers — coal mining and civil aviation — as well…
Argentina Reform Drive and Currency Policy in Milei Era
Argentina Signals No Immediate Lift of Currency Controls The Argentine government has signaled that currency controls introduced in 2019 will…
Europe’s Sugar Profits Fall as EU Supply Rises
European sugar producers are reporting thinner margins as markets absorb more supply and price dynamics shift. Across the continent, a profit…
Russia Moves to Legalize Crypto Mining, Sets Tax Framework and Payments Role
Across Russia’s political and economic landscape, the Ministry of Finance has signaled that formalizing cryptocurrency mining is not…
BRICS Clear: Russia’s plan for a BRICS custody and settlement system
Russia’s Ministry of Finance is moving ahead with plans to establish BRICS Clear, a custody and settlement framework for the BRICS bloc.…
Banatski Dvor expansion deepens Serbia-Russia energy ties
Serbia and Russia have initiated work to expand the Banatski Dvor underground gas storage facility, a move regarded as a strategic step toward…
Rent vs Buy: Car Financing in North America 2025
A car listed at 4 million rubles can be bought with a loan or rented under a credit agreement. In both cases, monthly payments typically fall…