SCO & BRICS latest news and insights
— In-depth analysis and comments

What will the Russian economy do in 2024?

By Rhod Mackenzie

In 2023, the Russian economy coped with such external challenges that no other country in the world has ever faced. In the new year, solving more internal economic problems will come to the fore. Will Russia be able to defeat inflation and increase budget revenues? Here we list a...

Russia Sanctions Currencies GDP Economy Inflation
Russia's economy has recovered to 2022 levels

By Rhod Mackenzie

The Russian economy has reached the level that it was at in February 2022, mostly due to non-standard solutions according to the latest reports. According to the architects of the sanctions, restrictions were introduced to weaken the ruble and the Russian economy. This, however,...

Economics BRICS Russia Trade SCO Growth Inflation Macro-Economic
Russian economy has recovered steadily however inflation could undermine Europe’s financial stability - IMF

By Rhod Mackenzie

The Russian economy has recovered well following the extensive sanctions enforced by Western governments; however, the mid-term outlook is less promising, as stated in a report by the International Monetary Fund (IMF).
Due to the favourable financial progress, the IMF has update...

EU Russia GDP Sanctions Growth Inflation