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Russia will prioritise rainy day reserves build-up

Location:

RUSSIA

While international reserves are healthy, that portion held in sovereign wealth funds to support budgetary spending has been severely depleted by government drawdowns, and one of…

WFP accord will raise humanitarian hopes in Venezuela

Location:

VENEZUELA

A breakthrough agreement with President Nicolas Maduro’s government will enable the World Food Programme (WFP) to begin distribution of food to children. A portion of Venezuelan…

Myanmar’s garment sector will struggle to endure

Location:

MYANMAR

Myanmar's garment industry.

Russian agri-food exports to China will grow briskly

Location:

RUSSIA

Over the past two decades, Russia has reoriented its economic centre of gravity to Asia and China in particular. At first, trade growth was built around the sale of hydrocarbons…

US 9-11 bill veto override could have wide impact

Location:

UNITED STATES

This bill creates an exception to US foreign sovereign legal immunity for supporters of terrorism. Although JASTA passed Congress on an untallied voice vote, unofficial vote…

Diamond sanctions will have a modest impact on Russia

Location:

RUSSIA

The ban will be extended by the end of the year to include diamonds polished in third countries, lab-grown diamonds, as well as jewellery and watches containing diamonds. The new…

Russian banks will face tougher conditions in 2024

Location:

RUSSIA

Banking sector profitability surged from RUB199bn (USD2.2bn) in 2022 to around RUB3.3tn in 2023. Rising profitability was generated by robust credit expansion, lower loan…

North Korea may goad South Korea into limited conflict

Location:

NORTH KOREA/SOUTH KOREA

Pyongyang claims to have tested a new nuclear-capable underwater drone -- Seoul is sceptical -- and North Korea’s foreign minister has visited Moscow. South Korean President Yoon…

Myanmar’s Russia ties will grow stronger

Location:

MYANMAR

Separately, Russian arms transfers to Naypyidaw are fuelling the conflict between the junta and its armed opponents. Among the countries that remain close to Myanmar, Russia and…

China-US strains could hit EVs

Location:

CHINA

Chinese exports of electric and other vehicles have also soared, making China the second-largest automotive exporter globally last year. Having already prompted investigations by…