Category: Russia Market

Instantly update and podcast Russia Market News and Analysis from varies financial media. NonSell.com summarize all Russia market news and provide a sitemap with financial news summary & link to latest Russia Market News for the one who wanted to catch up Russia Market change in timely manner.

Kremlin critic Navalny moved to penal colony outside Moscow to serve jail term

By Tatyana Makeyeva, Maria Tsvetkova3 Min ReadPOKROV, Russia (Reuters) – Kremlin critic Alexei Navalny has been transferred to a penal colony outside Moscow to serve his prison sentence, a public commission said on Sunday, weeks after he returned to Russia after being poisoned.FILE PHOTO: A still image taken from video footage shows Russian opposition…

Russia’s national payment system Mir to launch Apple Pay support

Mir cards, developed by Russia in response to Western sanctions, will finally become available in Apple Pay. The mobile payment platform promoted by the US tech giant Apple will start accepting the cards as early as April. Users of Apple devices will be able to add Mir cards to their Apple Wallet, according to a letter sent by Russia’s national…

The $7 TRILLION cost of upgrading the US power grid

The Texas freeze that led to numerous blackouts has made the state painfully aware of the shortcomings of its power grid, but the real problem is much larger, and goes way beyond Texas. We have just witnessed the damage caused by poorly designed energy grids—rolling blackouts, skyrocketing electricity prices, people sleeping in their cars and in…

China’s economy could double in size by 2035, eclipsing US along the way – Bank of America

In terms of post-Covid recovery, China is one of the fastest growing economies in the world and has a good chance to double its GDP by 2035, according to Helen Qiao, head of Asia economics at Bank of America Global Research. She told CNBC that some reform measures would help China get there. The doubling of China’s GDP would require an average annual…

Escobar: Putin, Crusaders, & Barbarians

Authored by Pepe Escobar via The Asia Times,Moscow is painfully aware that the US/NATO “strategy” of containment of Russia is already reaching fever pitch. Again.This past Wednesday, at a very important meeting with the Federal Security Service board, President Putin laid it all out in stark terms:We are up against the so-called policy of containing…

War Mongering For Artificial Intelligence

Authored by Dr. Binoy Kampmark via Southfront.org,The ghost of Edward Teller must have been doing the rounds between members of the National Commission on Artificial Intelligence.  The father of the hydrogen bomb was never one too bothered by the ethical niggles that came with inventing murderous technology.  It was not, for instance,…

China’s Xiaomi wants to create global manufacturing hub in India

Chinese tech giant Xiaomi is planning to boost its presence in India by building three new facilities there. When it meets growing local demand, the firm may use India’s production capacities for exports. Xiaomi teamed up with two local companies, BYD and DBG, to set up mobile phone manufacturing plants, the Chinese firm announced on Thursday. One…

Russian scientists say Sputnik V performs well against COVID mutations

MOSCOW — A Russian trial testing the effectiveness of revaccination with the Sputnik V shot to protect against new mutations of the coronavirus is producing strong results, researchers said on Saturday.Last month President Vladimir Putin ordered a review by March 15 of Russian-produced vaccines for their effectiveness against new variants spreading…

Indian economy finally returns to growth, beating Covid-driven recession

Asia’s third-largest economy, India, managed to exit recession in the last three months of 2020, consolidating its recovery from the historic economic slump triggered by the coronavirus pandemic. India’s real gross domestic product (GDP) rose 0.4 percent in the third quarter of its fiscal year, returning the economy to “the pre-pandemic times…

Unmasking mysterious bitcoin inventor may send cryptomarket into tailspin, Coinbase warns

The largest US cryptocurrency exchange Coinbase, which is getting ready to go public, has named bitcoin’s developer, known to the world as Satoshi Nakamoto, as one of the major risks to its business. In its IPO filing sent to the Securities Exchange Commission earlier this week, Coinbase listed Nakamoto, an individual creator or a group of people…

NYSE to delist oil giant CNOOC as Biden reviews Trump’s policies on China

The New York Stock Exchange (NYSE) has decided to suspend trading in American depositary shares of China’s largest offshore oil producer CNOOC to comply with an executive order signed by former US President Donald Trump. The decision will take effect on March 9, the US stock exchange said in a statement released after the closing bell on Friday….

Gold price could drop to $1,200 per ounce by 2023, warns Fitch

International ratings agency Fitch predicts the price of gold will fall to $1,600 per ounce this year and slide further down to $1,400 in 2022 “on increased demand due to investment flows and central bank purchases.” According to Fitch, prices for many commodities “will benefit in the short term from returning demand while the supply response…

Russian opposition to mark Kremlin critic Nemtsov’s murder amid Navalny clampdown

By Reuters Staff2 Min ReadFILE PHOTO: A woman holds a photo of Russian opposition politician Boris Nemtsov during a rally marking the 5th anniversary of his assassination, in Saint Petersburg, Russia February 29, 2020. REUTERS/Anton VaganovMOSCOW (Reuters) – Members of Russia’s opposition plan to commemorate the sixth anniversary of opposition…

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