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Business
United States Pressures Japan to Stop Buying Russian Oil and Gas
Treasury Secretary Scott Bessent said after a meeting with Japan's finance minister that the White House expects Japan to stop importing Russian energy...
Ukrainian Drone Strikes Slash Russia’s Fuel Exports to Lowest Level Since Early 2022 – Bloomberg
The ongoing Ukrainian drone attacks on Russia’s energy infrastructure have reduced fuel exports to their lowest levels since the invasion of Ukraine...
2 Min read
Russian State Giants Top Corporate Debt Ranking – Forbes
According to Central Bank estimates, one in six major companies is now struggling to manage its debt.
2 Min read
United Kingdom Declares ‘Russian Oil Is Off the Market’ as it Sanctions Rosneft and Lukoil
The British government accused Rosneft and Lukoil of either benefiting from or supporting the Russian government through their business dealings.
1 Min read
Estonian Business Figures Linked to Russian War Profiteers – The Insider
Much of the cross-border business dealing reportedly involves the logistics and transportation sectors tied to Russian Railways, the state-owned monopoly...
2 Min read
Putin Friend Timchenko Acquires Shell’s Former Stake in Western Siberia Oil Producer – Kommersant
Shell had ceded its 50% stake in Salym Petroleum Development following Russia’s full-scale invasion of Ukraine.
2 Min read
IMF Cuts Russia’s 2025 Economic Forecast Again
The revision marks a 0.3 percentage-point downgrade from the IMF’s July estimate of 0.9% annual GDP growth.
1 Min read
Russian Banks Slash Credit Card Issuance After 2 Months of Growth
The average credit limit on new cards also fell by 40,000 rubles ($500) to 109,000 rubles ($1,364), the lowest since April 2024.
2 Min read
Russia’s Metals Industry Faces Layoffs, Shortened Workweeks – Reuters
"There is a quiet cutback going on in the metals industry," a Reuters source said, citing weak demand, high interest rates and the strong ruble as the...
2 Min read
Russians Repatriate Record Sums From Foreign Banks – Central Bank
Russians have repatriated about 188 billion rubles ($2.31 billion) in total since March.
2 Min read
opinion
Tatyana Rybakova
How the Kremlin Decided to Sacrifice Small Business to Pay for War
Desperate to fund the war as the economy flags, the Kremlin is piling pressure on entrepreneurs. Here's the story of one man pondering his future.
4 Min read
Russian Stocks Suffer Sharpest Single-Day Drop in 3 Years
The sellof accelerated after a senior diplomat said that progress toward a potential peace deal to end the war in Ukraine had largely stalled.
2 Min read
Russia’s Farm Sector Losing 150K Workers a Year, Agriculture Minister Warns
The labor shortage has become a key obstacle for the farm sector, which is already grappling with poor harvests and a shortage of high-quality imported...
2 Min read
Danone’s Former Russian Business Renamed as ‘Milk Logic’
Danone announced its intention to leave Russia after the 2022 invasion of Ukraine, with the Kremlin temporarily seizing its assets the following year.
1 Min read
Russia Boosts Fuel Imports From Belarus as Refinery Strikes Deepen Domestic Shortages
Roughly one in three of Russia’s refineries has come under attack over the past two months.
2 Min read
World Bank Cuts Russia's Growth Outlook, Warns of Long-Term Stagnation
The lender now expects Russia’s GDP to grow 0.9% in 2025, down from 1.4% in its June forecast.
2 Min read
Russia's Power of Siberia 2 Deal With China Would Take a Decade to Boost Gas Exports – Reuters
Even if a deal is finalized, construction would take at least five years and another five would be needed to reach full capacity, industry sources told...
2 Min read
More Taxes for More War: Unpacking Russia’s 2026 Budget
The proposed budget underscores the Kremlin’s resolve to press on with the war — even if it means higher costs for businesses and consumers.
6 Min read
Number of New Moscow Housing Projects Falls to 12-Year Low – Vedomosti
Only seven new residential developments began sales in the third quarter of 2025 compared with 12 in the same period last year.
2 Min read
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