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Russia recorded a trade surplus of US$15.8 billion in 2013. [307] Balance of trade in Russia is reported by the Central Bank of Russia. Historically, from 1997 until 2013, Russia balance of trade averaged US$8.338billion reaching an all-time high of US$20.647 billion in December 2011 and a record low of −185 US$ million in February 1998.
A corporate exodus from Russia in response to its military invasion of Ukraine has seen more than 300 U.S. and multinational companies sever business ties with the country — and the list is ...
A decade-old quote by Donald Trump, Jr. resurfaced in a New York Times column over the weekend. "In terms of high-end product influx into the US, Russians make up a pretty disproportionate cross ...
In August 2008, United States-Russia bilateral relations became further strained, when Russia and Georgia fought a five-day war over the Russian-backed self-proclaimed republics of South Ossetia and Abkhazia. President Bush said to Russia, "Bullying and intimidation are not acceptable ways to conduct foreign policy in the 21st century." [79]
The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before ...
The Kremlin said on Friday it hoped the U.S. would clarify remarks by Vice President JD Vance that Washington had military as well as economic levers with which to press Russia to agree a good ...
A potential superpower is a sovereign state or other polity that is speculated to be or have the potential to become a superpower; a sovereign state or supranational union that holds a dominant position characterized by the ability to exert influence and project power on a global scale through economic, military, technological, political, or cultural means.
Last week, U.S. President Joe Biden opened the 100-nation “Summit for Democracy” by describing the authoritarian models of Russia and China as “the defining challenge of our time”.