Russia’s Economy Is Increasingly Structured Around Its War in Ukraine
Posted inEconomic Conditions and Trends Embargoes and Sanctions Gross Domestic Product Inflation (Economics) International Trade and World Market Putin, Vladimir V Ruble (Currency) Russia Russian Invasion of Ukraine (2022) United States International Relations

Russia’s Economy Is Increasingly Structured Around Its War in Ukraine

The nation’s finances have proven resilient, despite punishing sanctions, giving it leeway to pump money into its military machine.
South African Inquiry Rebuts U.S. Charge on Russian Arms
Posted inDefense and Military Forces International Relations Military Bases and Installations Putin, Vladimir V Ramaphosa, Cyril Russia Russian Invasion of Ukraine (2022) Ships and Shipping South Africa Ukraine United States United States International Relations Windward Ltd

South African Inquiry Rebuts U.S. Charge on Russian Arms

A government investigation about a Russian ship contradicts U.S. accusations that South Africa provided arms to fight Ukraine, President Cyril Ramaphosa said. But a government report won’t be released, he added.
BRICS May Add More Countries to the Group. Here’s What to Know.
Posted inBrazil BRICS Group China Da Silva, Luiz Inacio Lula Egypt India Indonesia International Relations Iran Modi, Narendra New Development Bank Putin, Vladimir V Rousseff, Dilma Russia Saudi Arabia South Africa

BRICS May Add More Countries to the Group. Here’s What to Know.

Saudi Arabia, Argentina, Indonesia and Egypt are among the potential candidates to expand the five-nation bloc, many of them seeking stronger ties with non-Western powers. Iran is also interested.
Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War
Posted inBanking and Financial Institutions Central Bank of Russia Currency Economic Conditions and Trends Embargoes and Sanctions Inflation (Economics) Interest Rates International Trade and World Market Nabiullina, Elvira S Politics and Government Prices (Fares, Fees and Rates) Putin, Vladimir V Ruble (Currency) Russia Russian Invasion of Ukraine (2022) Ukraine

Russia’s Interest Rate Hike Highlights Economic Struggle Amid Ukraine War

With the third-largest interest rate increase in a decade to shore up the ruble, Moscow’s policymakers are pursuing the conflicting goals of paying for the war against Ukraine and taming inflation.