Author: Steven Sahiounie

The decision to switch mostly to rubles and yuan was “timely” and has led to a strong boost in trade, the president says

Western plans to either confiscate Russia’s frozen central bank reserves directly or use the profit they generate could undermine the global monetary system, the IMF has warned.

The West’s import bans and restrictions on numerous Russian and Chinese products will drive up inflation in the US, Russian President Vladimir Putin has warned.

The planned mega pipeline project that will carry natural gas from Russia to China could see an extra conduit laid for crude oil, Russian President Vladimir Putin has said.

The US has imposed tariffs on China’s cars to stifle competition, the Russian president has said US authorities have imposed tariffs on Chinese-made electric vehicles (EVs) because they have become better, Russian President Vladimir Putin has told a press conference in the city of Harbin during his two-day trip to China. Putin suggested that Washington wanted to prevent strong competitors from entering the American market, and described the US approach as “unfair competition.” “Unfortunately, the way the world works today, sometimes situations arise related to unfair competition. This is how the Americans recently imposed tariffs on Chinese electric transport, on electric…

The share of ruble transactions in Russia’s foreign trade, particularly with the rest of Europe, has been steadily growing, hitting record highs in March, according to data from the country’s central bank.

The rand has rallied this week to its strongest levels in 2024, helped by an improvement in risk sentiment as bets grow that the U.S. Federal Reserve may cut interest rates in September

During the gathering, both sides outlined the ongoing efforts to complete the establishment of the UAE-Lithuanian Business Council

The International Monetary Fund said on Friday that Qatar’s post-World Cup growth normalization is expected to bottom out in the near term.

Steven Sahiounie, journalist and political commentator Dr. Waleed al-Tabtabai, a former Kuwaiti member of the National Assembly, and a man integrally involved in the fundraising of the Radical Islamic terrorists who invaded Syria and killed thousands of unarmed civilians, was arrested by Kuwaiti authorities on May 12, after he posted on his X account, formerly Twitter.In the post, al-Tabtabai accused unnamed countries of interfering in Kuwait’s internal affairs, calling this “unacceptable” and expressed hope that the National Assembly would be reinstated “with all its constitutional powers”. Experts suspect al-Tabtabai was referring to Saudi Arabia and the UAE, who have both…