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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…
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DOI: 10.1108/OXAN-DB285470
ISSN: 2633-304X
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Geographic
Topical
A glut of Ukrainian agricultural products has driven down prices in neighbouring countries, prompting several governments to impose unilateral import bans. Protests by Polish…
Pronounced ruble depreciation this year attests to the efficacy of sanctions in disrupting Russia’s external trade. The weaker ruble has already provoked a spike in household…
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DOI: 10.1108/OXAN-DB281176
ISSN: 2633-304X
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Geographic
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UKRAINE: Grain dispute is unlikely to end soon
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DOI: 10.1108/OXAN-ES285705
ISSN: 2633-304X
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Geographic
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However, although output has grown, a tight labour market and persistent inflation have created new problems. The reorientation of trade away from Europe has resulted in a…
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DOI: 10.1108/OXAN-DB285374
ISSN: 2633-304X
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Geographic
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RUSSIA: Trade shift to Global South accelerates
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DOI: 10.1108/OXAN-ES283388
ISSN: 2633-304X
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Geographic
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China has provided low-key economic support for Russia so far, but overt military support for Russia’s invasion of Ukraine has not been forthcoming. Beijing has also resisted…
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DOI: 10.1108/OXAN-DB282676
ISSN: 2633-304X
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The entry into BRICS of Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates (UAE) -- all major importers of grain -- gives Russia an opportunity permanently to…
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DOI: 10.1108/OXAN-DB287099
ISSN: 2633-304X
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Ukraine had been a significant grain exporter, much of it to poor countries, accounting for about 10% of world trade. The invasion stopped that. In July 2022, Turkey and the UN…
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DOI: 10.1108/OXAN-DB280736
ISSN: 2633-304X
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Geographic
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In June 2022, Russia booked almost twice the revenue (USD20.4bn) from such exports. Declining oil income poses a serious challenge to the administration of President Vladimir…