As the world economy shows mounting signs of deceleration and recessionary fears intensify across global markets, the world community is likely to focus increasingly on how to undertake an effective anti-crisis response. Back in 2008-2009 one of the key factors in ...
... these numbers are in itself promising, their magnitude nevertheless cloaks and belies some limitations in qualitatively and quantitatively augmenting what may be described as moderate trade volumes, for a relationship that binds the third largest global economy in purchasing power parity, with a five trillion dollars economic milieu. For starters, the tenor of commercial interchange is narrowly defined, delineated in terms of designated countries and specific product-lines, across them, as close to four-fifths ...
Experts agree that a new “battle for Africa” is currently unfolding. What Russia needs, however, is not a fight, but rather fruitful cooperation with all interested parties
Russia is back to Africa. This is a fait accompli, a new and significant trend of Russia’s foreign policy over the past 20 years. Russia has much to offer this dynamically developing continent, primarily in the form of political cooperation and diplomatic ties, as well as supporting Africa’s positions at multilateral forums...
... speedy improvement in US-China relations. The uncertainty afflicting the markets is further exacerbated by the contradictions between the Trump camp and the Fed, with increasing trade tensions forcing the Fed to accommodate the negative effects on the US economy through monetary policy easing. The problem is that the Fed may not be ready to fully compensate the effects of escalations in trade tensions and with good reason.
August is never an easy month for Russia’s markets, but this time surges in volatility ...
... the agenda put forth by Brazil during its year of presidency in the BRICS might not seem too ambitious, there do appear to be important priorities accorded by the Brazilian side to issues of economic cooperation in the sphere of innovation and digital economy development. With important innovations of the past several years such as the BRICS+ and outreach exercises unlikely to be actively pursued this year, Brazil will likely seek to show more results in the economic and security areas to mark its ...
... side. The task for the Russian government going forward will be to maintain the framework of these economic policy rules while at the same time allowing for the significant reserves to be deployed in counter-cyclical fashion as the rest of the world economy is facing a deceleration in growth and scarcity in the arsenal of policy instruments to support economic activity.
Source:
Valdai Discussion Club
... Volunteer Corps.
On June 30 – July 2, 2019, St. Petersburg hosted a regular annual symposium of the Financial Services Volunteer Corps.
Ivan Timofeev, RIAC Program Director, attended the symposium. The discussion focused on the issues of global economy, political relations between the great powers, and global socio-economic trends.
... sells mostly raw materials and semi-finished products to the European Union, while it mostly sells high added-value goods to Russia and EAEU countries – engineering, MIC and agricultural products.
Russia is the principal investor in the Belarusian economy. Rosatom is finishing construction of the first Belarus NPP in Astravets (financed through a Russian loan of over $10 billion). The Belarusian government
estimates
that it will cut purchases of Russian gas by 5.5 billion cubic meters annually....
... Brazilian authorities. This is perhaps because the majority of Russian players on Brazilian markets have no links to government agencies and primarily target the more dynamic and innovative private sector. That said, a significant part of the Brazilian economy is publicly owned and it appears that such businesses will soon be prepared to introduce new digital technologies. This portion of the market may well be overburdened with red tape but it seems too lucrative for Russian companies to overlook. ...
... Syria’s integration into the global financial system that would presumably help transform the Syrian elite into a responsible and predictable player. While ultimately under Assad Jr. Syria embarked on the capitalist path, the progress toward the reformed economy was uneven. Many things were also backsliding under the influence from outside, of which the US invasion of Iraq became the major external factor.
The sanctions that Syria faced under the Bush administration over the perceived role of Damascus ...