Leaving the European Union on Oct. 31 without any transition deal would be a major economic shock, and businesses would be unable to prepare for the long-term consequences, Bank of England policymaker Michael Saunders said on Tuesday. SEE MORE According to experts on geology and minerals, Vietnam's rare earth reserves are large, but have not been exploited effectively or exported. SEE MORE The United States beat China by the number of investment projects in Russia and became the leading investor in that country in 2018 for the first time since 2013 despite tense relations between Moscow and Washington in recent years, a survey, carried out by EY consultancy and obtained by Sputnik, has shown. SEE MORE Russia's inflation slightly increased at the beginning of 2019 but is now showing a trend toward a decline, Russian President Vladimir Putin said on Thursday. SEE MORE Russia and Saudi Arabia are discussing various investment projects, including in LNG and petrochemical production, worth tens of billions of dollars, Russian Energy Minister Alexander Novak said Friday. SEE MORE