Despite this, S&P downgraded Moscow to selective default,' warning that the nation is unlikely to meet its foreign debt obligations.… Read More
On Friday, the Russian central bank slashed its benchmark rate to 17% and suggested more cuts were conceivable, citing emergency… Read More
According to Francis Fukuyama, a senior scholar at Stanford University's Freeman Spogli Institute, finding a diplomatic solution to the crisis… Read More
On Tuesday, the World Bank stated that Asian nations might face three significant economic shocks this year; the Ukraine conflict,… Read More
Following footage of mass deaths of civilians in Bucha, near Kyiv, European leaders have indicated that they may impose sanctions… Read More
The Ukraine issue is straining China's ties with the US and the rest of the West; hence, Beijing has turned… Read More
Analysts believe Moscow's vigorous import substitution strategy, which began in 2014, has had mixed effects. Russia sent in bulldozers to… Read More
Li Daokui, a former counselor to China's central bank, the People's Bank of China, said we should take the so-called… Read More
The financial assault waged by the West against Russia has been spectacular. Commodity markets are a mess; they are fanning… Read More
Even as a new subvariant generates a new wave of infections, many countries have decided to live with the coronavirus.… Read More