Category: 6. Business

Russian business leaders call for a strategic alliance and stronger economic cooperation with India, highlighting growing investor interest and the need to integrate capital markets and payment systems to move beyond the US dollar.

Eduard Grekov, Chairman of Gas Machines Group and President of Birex Investment Company, emphasized the growing investor interest and strategic economic cooperation between Russia and India. Speaking at the Russian-Indian Forum ‘From The…

Highlights:
Moscow jams mobile internet in parts of Russia
Government blocks WhatsApp, restricts Telegram
New laws bolster powers of FSB security agency

Office workers toiling with blocked internet. Teenagers continually forced to switch VPNs….

As geopolitical tensions escalate in West Asia, India is rapidly reshaping its energy strategy to reduce dependence on the region. The government has confirmed that it is now sourcing crude oil and LNG from…

Naturally, though, the greatest immediate threat has been to the usual customers of the oil and liquid gas flowing east through the Strait of Hormuz.

Asia gets 59% of its crude oil from the Middle East, South Korea, as much as 70%. As shares…

Russia’s banking system is facing a sharp shortage of Chinese yuan, the de facto main foreign currency still available for international trade, driving borrowing costs sharply higher and adding pressure on the ruble, analysts…