Even though exports to India make up just about 10% of Russian direct sales, Indian diamantaires fear they could end up on the frontline of the war in Ukraine.
If Beijing achieves even a modicum of success in keeping Afghanistan stable and helps Taliban manage economic problems, it will be a huge propaganda victory for China.
Roughly 5.2 million migrant workers entered Russia in 2021 from Central Asian countries. The economies of these republics are fundamentally integrated into that of Russia.
With oil costs now 40% higher than they were two weeks ago, Chinese businesses are facing a profit squeeze and a fall in global demand for Chinese-made goods.
In a televised speech Monday, Russia’s Deputy PM Alexander Novak said Moscow has the right to take actions that 'mirror' the penalties imposed on the country's economy.
In an exclusive interview, EU Ambassador to India Ugo Astuto says the economic sanctions imposed by the EU, the US and other nations on Russia are ‘already biting’ Moscow.
The value of the ruble fell to 108 against the US dollar Monday from 83 last Friday, making it the currency’s worst single-business-day decline since 3 September 1998.
I don’t believe that the US-India relationship has deteriorated beyond repair. There are ways of handling Trump, even if the Pakistanis have outplayed us this year.
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