China is now the world’s third largest arms exporter
China is now the world’s third largest arms exporter The Stockholm International Peace Research Institute (SIPRI) reports that the volume of international arms exports rose 16 % in the five-year peri...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Russian GDP forecasts cut after new US sanctions
Russian GDP forecasts cut after new US sanctions Despite higher oil prices, Russian GDP forecasts have been revised down by many institutions lately. E.g. the World Bank's recent Russia forecast ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Russian Duma approves new counter-sanctions bill
Russia Russian Duma approves new counter-sanctions bill The bill was introduced last month after the US added new Russian entities and persons to its SDN sanctions list. The version of the bill appr...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2018
Finland goods imports from China larger than previously estimated
BOFIT Weekly Review,China Finland goods imports from China larger than previously estimated Finnish Customs announced changes in its data collection methods last March (press release). Finnish Custo...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2026
Yamal peninsula LNG production comes on stream
Yamal peninsula LNG production comes on stream Novatek's massive liquefied natural gas (LNG) project includes e.g. gas production, liquefaction plants and a harbour for shipping LNG. The first ph...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian and ASEAN leaders meet in Sochi
Russian and ASEAN leaders meet in Sochi Russia has been a full dialog partner with the Association of Southeast Asian Nations (ASEAN) since 1996. Last week, the third joint summit was held in Sochi. ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2016
Impacts of Eurasian Customs and Economic Unions on the Kazakhstan market become clear
Impacts of Eurasian Customs and Economic Unions on the Kazakhstan market become clear Even before Russia, Belarus and Kazakhstan established the Eurasian Customs Union (EACU) and unified their import...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2015
Steady rise in Russian industrial output
Russia Steady rise in Russian industrial output According to Russian Statistics Service, the volume of industrial output rose by 2.1 % y-o-y in the first quarter of 2019. The output volume for ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Survey paints dreary picture of Russian business conditions
Russia Survey paints dreary picture of Russian business conditions This autumn, the consulting firm PWC conducted a survey based on interviews with corporate representatives to get some notion of ho...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian export earnings up significantly in 2018
Russia Russian export earnings up significantly in 2018 Preliminary balance-of-payments figures for the fourth quarter of 2018 show Russian revenues from exports of goods & services were up near...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019
Russian central bank further eases monetary policy
Russia Russian central bank further eases monetary policy On September 16, the Central Bank of Russia lowered its key rate by 50 basis points to 7.5 %. It was the fifth consecutive rate cut sin...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Chinese CEFC to acquire 14 % stake in Russian oil giant Rosneft
Russia,China Chinese CEFC to acquire 14 % stake in Russian oil giant Rosneft The deal is valued at around 7.5 billion euros. The Russian state retains its majority position in Rosneft even if the de...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian markets fall as geopolitical tensions rise
Russia Russian markets fall as geopolitical tensions rise The declining market trend, which began at the end of October, has become steeper in recent weeks. The dollar-denominated RTS stock index ha...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian economic trends remained weak in May
Russia Russian economic trends remained weak in May In many industries, on-year production continued to decline significantly. The nadir of the corona crisis, however, seems to have been reached in ...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
The ruble continues to appreciate
Russia The ruble continues to appreciate The ruble’s official exchange rate dropped sharply after Russia invaded Ukraine, falling as low as 120 rubles to the dollar at one point. Since then, the rub...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian economy began to contract in April
Russia Russian economy began to contract in April The impacts of Russia’s unprovoked attack on Ukraine are now beginning to emerge on a wider scale throughout the Russian economy. The scale of impac...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2022
Russian central bank keeps key rate unchanged
Russia,economy Russian central bank keeps key rate unchanged Last Friday (July 28), the governing board of the Central Bank of Russia decided to hold its key rate at 9 %. The board noted that inflat...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2017
Russian export earnings near all-time highs; capital outflows increase
Russia Russian export earnings near all-time highs; capital outflows increase Preliminary balance-of-payments figures from the Central Bank of Russia show that the value of Russia’s exports of goods...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2021
Effects of the coronavirus on the Russian economy remain limited for now
Russia Effects of the coronavirus on the Russian economy remain limited for now As there is still large uncertainty on the duration and extent of the coronavirus epidemic, the potential impact on th...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2020
Russian economic growth accelerated
Russia Russian economic growth accelerated Rosstat’s preliminary estimate puts third-quarter GDP growth at 1.7 % y-o-y, well above the 0.7 % rate for the first six months of this year. The...
Bofit.fi / Bofit homepage / Monitoring / Weekly Review / 2019