India, Putin and Russia
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The Russian rouble will be stronger than previously expected, which represents a challenge for the economy and some exporters, Economy Minister Maxim Reshetnikov said on Tuesday. The rouble rallied by over 40% in the first half of the year due to the central bank's tight monetary policy and expectations for a peaceful settlement in Ukraine,
Economic and military pressures could force Russia’s hand. Its economy is strained but not enough to do that, analysts say. And President Vladimir V. Putin says Russia is winning the war.
The probability of changing educational class was 52-53% in China compared to 45-46% in Russia, but roughly 68-81% of China's mobility and 57-68% of Russia's came from structural change rather than exchange mobility. At the steady state, Russia shows greater educational mobility, at about 42%, than China, which tracked at 19-27%.
As the White House tries to curb Moscow's energy income, Vladimir Putin enjoys a warm welcome in India, and promises an "uninterrupted supply" of Russian fuel.
57mon MSN
Putin’s India visit: What does it mean for the Indian economy? Can it mitigate US tariff pain?
The recent India-Russia Annual Summit signals a potential shift. Experts highlight the significance of new trade agreements, but caution that while enhanced cooperation with Russia can provide some relief,
Credit Bank of Moscow is the sixth largest in Russia by asset size with 5.45 trillion rubles, but is facing a fight to survive.
The Russian central bank is seen cutting its key interest rate by 50 basis points at a meeting on December 19 as inflation is slowing faster than expected, a Reuters poll of 15 analysts showed on Wednesday.
bne IntelliNews on MSN
Russian arms revenues rise 23% as domestic war demand offsets export collapse
Russia’s leading defence firms recorded strong revenue growth in 2024, driven by surging domestic demand for weapons to sustain the war in Ukraine, even as Western sanctions and falling arms exports weighed on international sales,