News from Russia Economy
Stay current with all the latest and breaking news about Russia Economy, compare headlines and perspectives between news sources on stories happening today. In total, 651 stories have been published about Russia Economy which Ground News has aggregated in the past 3 months.
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Economy · KazanThe BRICS 2024 summit set for this October in Russia’s Kazan region is all about growing the group and shaking up global finance. New members like the United Arab Emirates, Egypt, Iran, and Ethiopia are joining, aiming to make BRICS bigger and financially tougher. This summit is about plotting a future where the U.S. dollar doesn’t dominate global transactions. De-Dollarization in Full Swing Currently, over 40 developing countries want in on BRI…See the Story
The impact of BRICS expansion on the global economy
Economy · Saint PetersburgThis decision was taken for the third time in a row. It coincided with the forecasts of most analysts, who noted the absence of significant reasons to change monetary policy in one direction or another. As the experts suggested, the regulator pointed to too slow reduction of inflationary pressure and the persistent increase in domestic demand, which exceeds the possibilities of supply. The Bank of Russia acknowledged that the return of price gro…See the Story
Bank of Russia retains key interest rate for the third time in a row
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Stock Markets · Russia"The threat of an operationally significant Russian approach in the coming weeks remains, although the Ukrainian leadership may now feel more free to take short-term risks with the remaining stocks to prevent such a process, knowing that more material will soon arrive," the US Institute explains in the report. Therefore, the situation on the front is now likely to continue to deteriorate, according to the ISW. "Especially if the Russian troops i…See the Story
Russia's June "storm" is under threat, but analysts warn against what's coming now
Trade · RussiaRussia's state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow seeks to facilitate trade with India amid Western sanctions.A raft of sanctions by the U.S.See the Story