Countries will need to create ruble reserves to buy Russian gas

Countries globally may soon have to create ruble reserves within their domestic economies if they wish to continue to buy Russian gas, as Moscow switches payments to its national currency, Ilya Ilyin, the head of the banking and financial markets analysis department at Promsvyazbank said on Thursday.

881
Like
Save
McDonald’s has an Israel problem

The fast-food giant is facing a boycott in Muslim countries over its perceived support for the Jewish state amid the mass killing of Palestinians in Gaza Russian Market is a project by a financial blogger, Swiss journalist and political commentator based in Zurich. Follow him on X @runews

881
Like
Save
Russia and China launch joint Pacific patrol

Russian and Chinese military vessels are taking part in a joint patrol in the Pacific Ocean for the second time within a year, the Defense Ministry in Moscow said on Thursday. Eight ships in total are taking part in the operation, which is intended to support peace and stability in the Asia-Pacific, monitor the sea…

881
Like
Save