Russia has overtaken the UK to become the world’s 2nd largest weapons seller based on 2017 data according to a report by The Stockholm International Peace Research Institute (SIPRI). At number one, the US remains the undisputed king in weapons sales with sales of over $222.6 billion. The following graphic shows additional details on global …
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The Russian equity market is highly correlated to the price of crude oil. Since Russia is one of the largest oil producers and exporters in the world, Russian stocks perform well when oil prices are high. Conversely declining oil prices leads to lower equity prices. The chart below shows the close relationship between Russian stock …
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The Trans-Siberian Railway (TSR) is the longest railway line in the world. It covers a distance of 9,289 kilometers ( or 5,772 miles) from Moscow, Russia to Vladivostok. The line was opened in 1916 and continues to operate successfully today. It spans eight time zones and takes eight days from start to finish according to Wikipedia. …
The Russian economy is the seventh largest in the world with a GDP of $2.55 Trillion (based on purchasing power parity) in 2013 according to data by the CIA’s World Factbook. The petroleum industry is one of the major contributors to the economy with the majority of the industry’s products exported to Europe. The petroleum industry …
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