Nobody knows when the United States Supreme Court will hand down its decision on abortion rights, but when it does, it is likely to cause a storm. Based on the decisions made by the majority conservative court in the past, it is possible that the feder…
Based on data from the World Integrated Trade Solution (WITS), a trade software of the World Bank, Russia’s most important export partner by far is China, with a share of 13.4 percent of all exports. The Netherlands follows in second place. This is pre…
Data from the Central Bank of Russia shows that the country’s gold and foreign exchange reserves have been increasing for some time. While at the beginning of 2018 the reserves totaled almost $448 billion in value, this ‘war chest’ is currently around …
Following the joint announcement of further economic sanctions against Russia made by Western leaders on Saturday, the Russian financial system was shaken to its core on Monday. In response to the most severe sanctions yet, the ruble’s value crashed to…
According to a now unavailable report by Russia’s Central Bank saved by internet archive Wayback Machine, China was the single-biggest foreign holder of Russian central bank reserves as of June 30, 2021. 13.8 percent of the total of Russia’s reserves, …
Following the ban of Russian banks from the SWIFT network used in international payment transactions, the ruble’s value against the dollar plummeted on Monday. As the Russian economy is now effectively cut off from any dealings with the Western world, …
The appeal made early Friday morning in a video message by Ukrainian President Volodymyr Zelensky was powerful yet will likely go unheeded. “I have asked 27 European leaders whether Ukraine will be in NATO. I have asked directly – everyone is afraid, n…
Roughly 57 percent of internet traffic was generated with mobile phones in 2021. With smartphones having long become ubiquitous and affordable for many as well as cheap data plans being available almost everywhere around the globe, this comes as no sur…
“нет войны” – translated as “no war” or “no to war” – is the slogan that has been appearing on banners, in hashtags, chants and graffiti during Russian anti-war protests that commenced after the invasion of Ukraine by the country Thursday. Thousands of…
As the conflict between Russia and Ukraine intensifies and the Russian military is allegedly starting an invasion of Kyiv amid an unfolding humanitarian crisis, the EU, UK and the U.S. are preparing or already putting in place wide-ranging sanctions. T…