Despite China’s overall weak foreign trade performance last year, trade with Russia boomed
Despite China’s overall weak foreign trade performance last year, trade with Russia boomed China Customs valued the country’s goods exports last year at 3.38 trillion dollars and goods imports at 2.5...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2024
Russia rises to 75th place in the World Bank's logistics performance ranking for 2018
Russia Russia rises to 75th place in the World Bank's logistics performance ranking for 2018 The survey-based Logistics Performance Index (LPI) covered 160 countries this year. Russia's scor...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russia's near-term plans for government sector finances taking shape
Russia Russia's near-term plans for government sector finances taking shape The finance ministry's government sector budget framework for 2019–21 foresees that rapid growth in revenues of th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Large hikes in revenue and spending of Russia's preliminary budget framework
Russia Large hikes in revenue and spending of Russia's preliminary budget framework In its presentation of the first draft of the three-year budget framework, the finance ministry raised its rev...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
China and Russia impose most trade and investment barriers on European firms
China China and Russia impose most trade and investment barriers on European firms The European Commission's Annual Report on Trade and Investment Barriers notes that the wave of protectionism t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Central Bank of Russia lowers key rate by 0.25 % and signals plans to keep cutting
Russia Central Bank of Russia lowers key rate by 0.25 % and signals plans to keep cutting With the February 12‑month inflation reading unchanged at 2.2 %, the CBR board decided to cut the key rate t...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Number of people employed in Russia declined last year; labour force also shrank
Number of people employed in Russia declined last year; labour force also shrank Even as the Russian economy began to revive from recession last year, Rosstat reports that its labour force survey of ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Hundreds of foreign firms continue to do business in Russia despite huge risks
Hundreds of foreign firms continue to do business in Russia despite huge risks With Russia’s all-out war of aggression on Ukraine in February 2022 and the wide-ranging economic sanctions it triggere...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
Yuan’s role in Russia’s foreign trade continues to grow
#russia Yuan’s role in Russia’s foreign trade continues to grow As a result of sanctions and the decision by many Western firms to sever ties with Russia, most major Russian banks no longer can hand...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
China-Russia trade continued to strengthen in first quarter of this year
China-Russia trade continued to strengthen in first quarter of this year China’s imports from Russia have increased substantially faster than exports to Russia since February 2022. As a result, China...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2023
US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list
Russia US refrains from imposing new sanctions on Russia, but Power Machines goes on the sanctions list Last week,the US addedthe namesof 30 persons and firms to its SDN sanctions list imposed on Ru...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes
Russia Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Alexei Ulyukayev, Russia's former economy minister, convicted of soliciting bribes Ulyukayev was ar...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Strict 2018 spending rules approved for Russia's federal budget and pension fund
Russia Strict 2018 spending rules approved for Russia's federal budget and pension fund Federal budget spending is set to contract slightly next year in nominal ruble terms, which means a real d...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place
Russia Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Russia reaches agreement with OPEC and other oil-producing countries on keeping cuts in place Th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
The fastest recovery phase for Russia's government budgets is over
Russia The fastest recovery phase for Russia's government budgets is over The fastest recovery phase for Russia's government budgets is over The recovery of revenues to the consolidated bud...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations
Russia's 2018−20 monetary policy guidelines stress the role of inflation expectations The Central Bank of Russia reaffirmed its inflation target of "close to 4 %" a year on average. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations
Russia CEFC China Energy actively investing in Russia, but goods trade remains the focus of economic relations An under-the-radar Chinese firm, CEFC China Energy, which had never invested earlier in...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia ranks higher in World Bank Doing Business survey than in most comparisons
Russia ranks higher in World Bank Doing Business survey than in most comparisons The World Bank's latest Doing Business international comparison of regulatory environments ranks Russia 35th out o...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russia's public sector finances recover this year; tightening expected next year
Russia Russia's public sector finances recover this year; tightening expected next year Russia's public sector finances recover this year; tightening expected next year The finance ministry...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Much of Russia's GDP growth spurt last spring came from inventories
Russia Much of Russia's GDP growth spurt last spring came from inventories Much of Russia's GDP growth spurt last spring came from inventories Russian GDP grew in April-June by 2.5 % y-o-y....
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017