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Business
U.S. Jails Dual U.S.-Russian Citizen for Attempted Aircraft Exports to Russia
Prosecutors said Sergei Nechayev attempted to export two vintage Cessna light aircraft with a combined value of about $170,000 to Russia.
Russia Delays Launch of First Batch of Starlink Rival Satellites
The launch of 16 satellites, originally scheduled for late 2025, has been pushed back to 2026.
2 Min read
opinion
Tatyana Rybakova
Why Russian Businesses Are Begging for State Intervention
New research shows that Russian entrepreneurs want the same kinds of state controls they once rejected.
5 Min read
Russia Boosts Work Permits for Indian and Bangladeshi Workers in 2025
Russia issued about 240,000 work permits to foreigners in 2025 overall, the highest number since at least 2017.
2 Min read
Russia Set for Sharp Early-Year Budget Deficit Amid Weak Oil Prices
Front-loaded spending is colliding with weak oil prices and falling energy revenues.
3 Min read
Over 600 Chinese Car Dealerships Close in Russia in 2025
Chinese brands’ share of Russia’s dealership network declined to 64% from 67% after 643 showrooms selling Chinese vehicles closed.
2 Min read
Feature
As Visa-Free Chinese Tourism Begins, Russians Reluctantly Welcome the Influx
The return of tourists from China is being welcomed by Russia’s struggling tourism industry even as it revives familiar frictions with locals.
4 Min read
Government Auction Fails to Attract Bidders for Moscow’s Domodedovo Airport
A small business owner from the North Caucasus republic of Chechnya applied but failed to take part in the scrapped bidding.
2 Min read
Russian Businesses Hike Prices in Response to VAT Increase
Businesses are passing on the costs of new tax increases that took effect this month down to their customers.
2 Min read
Gazprom Neft Provisionally Agrees to Sell Stake in Serbian Oil Firm
The pending sale agreement will now be submitted to the U.S. government for approval, as the company seeks to avoid another sanctions-related shutdown...
2 Min read
IMF Slashes Russia’s 2026 Growth Forecast to 0.8%
Previously, the IMF forecast Russia’s 2026 GDP growth at 1% before cutting it by 0.2% in the latest World Economic Outlook update.
1 Min read
Russia Blocks Record 1.3M Web Pages in 2025
Content related to LGBTQ+ themes rose 269% to 170,300 cases.
1 Min read
Russia Restores Old Planes to Address Growing Airline Fleet Shortages
The 12 aircraft are reportedly up to 30 years old.
1 Min read
Russian Inflation Drops Sharply in 2025
Analysts forecast inflation to pick up again in early 2026 as a rise in value added tax (VAT) kicks in, contributing to upward price pressures.
2 Min read
In Russia's Coal-Mining Heartland, Healthcare Workers Struggle as Regional Budget Shortfall Delays Salaries
The delayed payments are the latest instance of a problem that has recurred across Russia for years.
2 Min read
Russia to Tap National Wealth Fund at Record Pace as Oil and Gas Revenues Slump
The Finance Ministry plans to sell $165 million per day in Chinese yuan and gold from the National Wealth Fund from Jan. 16 to Feb. 5.
2 Min read
Russia’s Customs Revenues Fall 20% in 2025, Deepening Budget Shortfall
The shortfall reflects weaker trade volumes amid falling commodity prices and the impact of restrictive measures, analysts said.
2 Min read
China Posts First Annual Decline in Trade With Russia Since 2020
The pullback in 2025 came amid falling demand for Chinese car imports in Russia and a drop in the value of Russian crude exports.
1 Min read
Lada Sales Plunge 25% in 2025 as High Interest Rates, Recycling Fees Bite
After Lada, 2025’s second and third biggest sellers in Russia were the Chinese brands Haval at 173,300 vehicles and Chery at 99,810.
1 Min read
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