By Rhod Mackenzie
In Finland the Government budget deficit continues to grow and public debt has reached almost 90 percent of GDP, this indicates a serious economic downturn has taken already place. The Govt must seriously address these issues . However, the Finnish government insead are looking...
By Rhod Mackenzie
It is no longer accurate to suggest that oil prices are the key factor in the stability of the Russian economy and finances. Russia is a major supplier of raw materials and high-value products to the global market, including industrial goods. Could you please provide an update on...
By Rhod Mackenzie
The Baltic authorities have successfully persuaded their citizens of an imminent "Russian attack." However, the result has not been a mobilisation of society against the "Russian threat". Instead, the result has been the destruction of their own economies and a mass exodus of bot...
By Rhod Mackenzie
Finland feels the pain from imposing sanctions on Russia and now it has a problem with the EU.
Finland is reluctant to comply with EU environmental standards. This is because the country is forced to cut down its own forests, which it previously protected by importing and cons...
By Rhod Mackenzie
Despite facing external challenges, Russia still maintains its status as the largest economy in Europe using the matrix of GDP and Purchasing Power Parity, Russian Prime Minister Mikhail Mishustin stated in a video address to participants of the Moscow Financial Forum. Meanwhile,...
By Rhor Mackenzie
Following the imposition of the so called 'sanctions from hell ' regime, the headlines in the Western media predicted that Russia's economy would collapse within days if not then weeks and certainly in less than six months. However, now three years have passed, and the IMF has s...