Latest News for: Economy russia


Russia-North Korea partnership sends warning to West

The Hill 20 Jun 2024
North Korea largely relies on China for trade to support its flailing economy ... In turn, Russia has given North Korea access to technology that is helping Kim boost development of missiles and spy satellites, along with trade for a struggling economy.

Thailand sets sights on Brics membership by October summit

Business Day 20 Jun 2024
Bangkok — Thailand hopes to become a member of the Brics group of emerging economies at the organisation’s next summit in Russia in October, a foreign ministry official said Thursday ... Russia,” he said.

Alfa Bank: US-sanctioned Russian banking giant expands in China

CNN 20 Jun 2024
Battered by Western sanctions, Russia’s largest privately-owned bank is expanding its business in the world’s second-largest economy ... China claims to be neutral on the war, but has strongly backed Russia and grown their ties on many fronts.

New North Korea-Russia pact stipulates "all means" of military aid

Kyodo 20 Jun 2024
The growing military cooperation between North Korea and Russia has been a source of concern to Western countries and Japan amid the prolonged Russian invasion of Ukraine, which began in February 2022.

BRICS move meant to position Islamabad alongside strong economies, says Mushahid

Dawn 20 Jun 2024
The two-day forum was organised by Russia’s ruling ‘United Russia’ Party. In November of last year, Pakistan officially applied for membership in BRICS, a coalition of emerging economies — Brazil, Russia, India, China, and South Africa.

Putin vows deeper ties with Vietnam in visit criticised by US

Business Ghana 20 Jun 2024
The leaders of Vietnam and Russia have said they want to boost ties as the pair met in the Vietnamese capital of Hanoi ... Vietnam still values the historic ties it has with Russia even as it works to improve its relationship with Europe and the US.

Thailand pushes forward to join BRICS

Xinhua 20 Jun 2024
BANGKOK, June 20 (Xinhua) -- Thailand is pushing forward with its plan to become a member of the BRICS group of emerging economies as early as October at the bloc's next summit in Russia, a Thai foreign ministry official said on Thursday.

North Korea's Kim declares 'full support' for Russian war in Ukraine

Jewish World Review 20 Jun 2024
Russia for years backed U.N ... North Korea, for its part, has plenty to gain from Russia ... Still, it is unusual for North Korea to have such a valuable bargaining chip with Russia, given its tiny size, poor economy and international pariah status.

'Isolated nations': the roots of the Russia-North Korea alliance

RTE 20 Jun 2024
At the same time, North Korea needs energy supplies for its ailing economy and food for its hungry people, so will be looking for economic support from Russia ... Nevertheless, this is neither the first nor the closest Russia-North Korea alliance.

Russian troops fail to advance as Ukraine garners military, financial aid

Al Jazeera 20 Jun 2024
Mikhail Zvinchuk, founder of a Kremlin-associated channel on the platform Telegram, told the Bosnian new service that sanctions were having an effect on Russia’s defence industry and war economy.

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall

Springfield News-Sun 20 Jun 2024
The last time inflation was at 2% was in July 2021 before prices started to shoot up, first as a result of supply chain issues during the coronavirus pandemic and then because of Russia's invasion of Ukraine, which pushed up energy costs.

History, 'bamboo diplomacy' in focus on Putin's Vietnam trip

Korea Times 20 Jun 2024
Vietnam's President To Lam, center, gestures next to Russia's President Vladimir Putin during a welcome ceremony at the Presidential Palace in Hanoi, Vietnam, June 20 ... Vietnam and Russia have close ...

Are there still bargains on the FTSE 100? Here’s what the charts say

The Motley Fool 20 Jun 2024
Inflation recently hit 40-year highs… the ‘cost of living crisis’ rumbles on… the prospect of a new Cold War with Russia and China looms large, while the global economy could be teetering on the brink of recession.

'Quiet vacationing' shows how sad America's work culture has become

Business Insider 20 Jun 2024
But his partnership with Miami investment firm 777 Partners quickly soured, and now German is a vocal critic of Arizona's hands-off approach.The cost of delaying rates could be fatal for the economy.

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Russian President Vladimir Putin, center, and Vietnamese President To Lam inspect an honour guard during an official welcome ceremony at the Presidential Palace, in Hanoi, Thursday, June 20, 2024.
AP / Gavriil Grigorov, Sputnik, Kremlin Pool Photo via AP
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