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Friday, September 2, 2022
Russia Wants to Expand Imports from India in Big Way
With surge in India’s purchase of Russian oil, Moscow can use the rupee balance to buy more and sustain Re-denominated trade to circumvent sanctions
Government declares "war economy" due to consequences of unnecessary anti-Russian sanctions.
Hit by more Western sanctions on Russian banking channels, Moscow and New Delhi are now working out a new payment system for defence equipment already ordered
Trade in goods of east China's coastal city of Xiamen with BRICS countries reached 47.9 billion yuan (about 7 billion U.S. dollars) in the first seven months of this year, up 20.7 percent from the same period last year
After being hit with US sanctions, Russian mining giant Alrosa is back selling more than $250 million per month in diamonds
The US is likely to cede its primacy in space to China by 2045, the authors conclude. However, given how fast China's space industry is growing, this might happen much sooner.
The decision harms the interests of European business sector.