During the past five years, we have been able to observe serious shifts in the global economy. It started with …
De-dollarization and financial sovereignty: Managing Russia’s foreign assets
The trajectory of economic growth and strengthening Russia’s financial sovereignty depends to a large extent on the efficiency of the …
Digital finance: New opportunities or new risks?
Digital technologies are fundamentally changing the financial market landscape. They are giving users access to innovative products and services, reshaping …
The dollar’s future to be decided in… a metaverse?
In September 2023, America’s gross national debt reached $32.9 trillion and continued to increase. The United States has hit its …
Digital ruble: How to avoid new scams
On August 15, Russia launched its pilot digital ruble project involving a range of clients from 13 Russian banks. It …
Pavel Medvedev: Russians have to borrow money for immediate needs and accumulate debt
According to the Federal Bailiff Service, during the first six months of 2023, the number of loan defaulters reached 17.7 …
Russia adopts legislation to regulate Islamic (partnership-based) banking and finance
Implementing Islamic banking practices – a system that emerged in most Muslim countries and many other countries in Europe, the …
Nikita Maslennikov: Russia, businesses and people to win from digital ruble
In July, Russian President Vladimir Putin signed a bill on establishing a legal framework for implementing the digital ruble, into …
Boris Kheifets: Key bid in 2023 can still grow
The Central Bank of the Russian Federation sharply raised the key rate from 8.5% to 12%, making a reservation that …
Agvan Mikaelyan: Russians keep their accounts in good standing
The most creditworthy Russians live in the Yamalo-Nenets Autonomous Area, in Moscow and in Chukotka, the Foundation for Civil Society …