The Global South should establish a new financial system to mitigate the risks posed by the West, the head of VTB Andrey Kostin says The dollar and the entire Western financial system built around it has been jeopardized by the sanctions on Russia, Andrey Kostin, CEO of Russia’s second-largest bank, VTB, told RT on the…

Only 35% of subsoil has been explored in the region so far, the Russian president has revealed Most of Russia’s Far East has never been prospected for resources, providing the country’s mining industry an excellent opportunity for significant growth, President Vladimir Putin stated on Tuesday.

Germany’s crucial construction sector has been on the brink of collapse, putting in jeopardy the overall economy. The Economist reported that last week, citing housing giant Vonovia. The report says the sector makes up 12% of the country’s GDP and employs a million construction workers.