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Business
Russian Developers Urge Ban on Microsoft Windows for School Exams
The developers argue that this approach violates a presidential decree that prohibits the use of foreign software by government institutions and their...
IEA Raises Doubts Over Russia’s Ability to Restore Oil Output
Russian oil supply continued to decline through most of 2024 and into early 2025, raising “questions about Russia’s ability to sustain its upstream...
2 Min read
Russia Nationalizes Country’s Third-Largest Gold Producer
A representative from the Yuzhuralzoloto Group of Companies said it would decide whether to appeal the court ruling after it was fully released.
2 Min read
Dutch Court Sentences Russian to 3 Years for Sharing Microchip Technology
Prosecutors said German Aksenov sent technical specifications for microchip production from ASML and NXP to Russian intelligence.
1 Min read
Russian Grain Exports Plunge to 17-Year Low
Severe drought, sluggish prices and a stronger ruble are putting mounting pressure on the country’s agricultural sector.
2 Min read
Russia’s Fast Payment System Hit by Major Outage
The disruption of the Central Bank-operated FPS also affected key financial services, including those of Sberbank, T-Bank, Ozon Bank and Yandex Pay.
1 Min read
Seized U.S.-Owned Canned Food Producer to Explore Chinese, North Korean Markets Amid Sales Slide – Reuters
Sales at Russia’s largest canned food producer Glavprodukt, which is owned by the American Universal Beverage Company (UBC), have declined sharply...
2 Min read
News Analysis
Does Russia's Economy Have a Debt Problem?
Record-high interest rates have led to warnings of a systemic banking crisis in the next 12 months. How realistic is that possibility?
6 Min read
Survey Shows Many Russians Lack Financial Reserves
Approximately 38% of employed Russians have no financial cushion in case of an emergency.
1 Min read
Russia Weighs New Gasoline Export Ban to Tame Rising Domestic Prices – Izvestia
Retail gasoline prices rose 0.2% in the final two weeks of June and have climbed 3.25% since the beginning of the year.
2 Min read
Pork Prices Surge in Russia Following Potato Price Spike
The increases further intensify pressure on household food budgets as inflationary trends ripple through the country’s agricultural sector.
2 Min read
Taxi Fares in Moscow Surge Amid Driver Shortage
According to Rosstat, the price per kilometer for a taxi ride in Moscow rose 30.8% from May of last year to May 2025.
2 Min read
Kremlin Has Nationalized $50Bln in Assets Since Ukraine Invasion – Report
The sum is roughly equivalent to the country’s annual budget deficit or one-third of its annual military expenditures.
2 Min read
Russian Labor Ministry Denies Plans to Recruit 1M Indian Workers in 2025
The head of the Ural Chamber of Commerce and Industry had earlier made the claim.
2 Min read
Russian Demand for U.S. Real Estate Surges 78.5%
The increase marks a notable shift both in investment trends and in public attitudes amid rising uncertainty at home.
2 Min read
Russian Automotive Sector in Decline as Hundreds of Dealerships Close
Analysts blame high vehicle prices, the Central Bank’s stricter car loan policies and increased interest rates on loans and deposits.
2 Min read
Russian Broadcaster RTVI Starts Airing in Mali
RTVI has been linked to Sergei Chemezov, the head of state-owned defense conglomerate Rostec.
2 Min read
Russians Set Record for Transfers to Foreign Brokers Amid Market Uncertainty
Despite the Central Bank’s repeated warnings, capital continues to flow outward.
2 Min read
1 in 3 Russians Support Unemployment Tax – State Poll
The proposal, long debated in government circles, comes as Russia contends with a shrinking labor force and rising wartime expenditures.
2 Min read
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