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By Rhod Mackenzie

Yet another country has come out to join the growing number of countries looking to use their national currencies in cross border trade in an attempt to avoid using the dollar due to its dominance in the global financial system. It is also very significant and conspicuous that In...

By Rhod Mackenzie

Russia's gold reserves stood at 2,332 tonnes at the end of last year - an all time record level, which according to the World Gold Council. Russia continues to rank fifth in the world in gold reserves. This trend is explained by the country's abandonment of toxic reserve currenci...

By Rhod Mackenzie

Trade turnover between Russia and China in January-August this year increased by 25%, the Federal Customs Service (FCS) of Russia reported in its telegram channel following the results of the 15th meeting of the Subcommittee on Customs Cooperation of the Russian-Chinese Commissio...

By Pepe Escobar.

It will take ages to unpack the silos of information inbuilt in the Eastern Economic Forum in Vladivostok last week, coupled with the – armored - train-keeps-a-rollin’ conducted by North Korean leader Kim Jong-Un straddling every nook and cranny of Primorsky Krai.
The key themes...

By Rhod Mackenzie

The volume of trade between Russia and China may exceed $200 billion by the end of this year, the Russian Economic Development Minister Maxim Reshetnikov told reporters in Beijing.

The Russian delegation led by Minister of Economic Development Maxim Reshetnikov is on a working...

By Rhod Mackenzie

Russia is ranked 17th in the list of the world's largest food exporters. It also made the biggest jump in the top 20 over the past decade, with exports increasing by 2.5 times. But Russia wants to sell even more food products abroad. It's not even about feeding friendly countries...