Sanctions are boosting Russia-China trade – leading entrepreneur

Roughly 70% of all transactions between the two nations are carried out in the ruble and yuan, a prominent businessman has told RT Western sanctions have provided further impetus for Russia and China to develop trade ties, with the use of national currencies in transactions between the two nations also having a significant impact, Zhou…

985
Like
Save
Finance Minister lauds speed of Russian adaptation to Western business exits

Local entrepreneurs were able to quickly replace foreign firms, Anton Siluanov has claimed Russian businesses were surprisingly quick to replace Western firms that left the country amid sanctions over the past year, Russian Finance Minister Anton Siluanov said while speaking at the St. Petersburg International Economic Forum (SPIEF 2023) on Thursday.

954
Like
Save
Beyonce blamed for inflation rise in EU country

Concerts of the US R&B superstar may have impacted Swedish inflation last month, a chief economist at Danske Bank has said Swedish inflation declined less than expected in May, as Beyonce fans flocked from around the world to her concerts in Stockholm, possibly driving an increase in hotel and restaurant prices, data published by Statistics…

272
Like
Save