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Wildberries Founder’s Ex-Husband Arrested After Deadly Office Shootout

Vladislav Bakalchuk’s lawyers said he was charged with murder, attempted murder, vigilantism and an attempt on the life of a police officer.

Russian Business Lobby Calls for Construction in Protected Forests to Boost Domestic Tourism

But experts warn that relaxing forest protection laws could lead to illegal construction near deregulated ski resorts.

2 Killed, Several Injured After Shooting Outside Wildberries Office in Moscow

Shots rang out after a group of men led by the ex-husband of Wildberries founder Tatiana Bakalchuk attempted to forcibly enter the building.

Russia Approves Construction of Fuel Pipeline in Congo

The pipeline was originally announced in 2017 but was then delayed due to the Covid-19 pandemic.

Should the West Sanction Russia’s Neighbors in Central Asia?

Western governments face the dilemma of cracking down on sanctions evasion without severing ties with the economies of Central Asia.

Russia’s Central Bank Raises Rates to 19% as Inflation Ticks Up

“Growth in domestic demand is still significantly outstripping the capabilities to expand the supply of goods and services,” the bank said.

Hungary Welcomes Russia Crude Supply Deal After Ukraine Halts Lukoil Transit

Hungarian energy company MOL said it reached a deal ensuring the continued supply of Russian oil via a pipeline running through Ukraine.

Russia Extends Curbs on Foreign Cash Withdrawals

Russians with existing foreign currency accounts will be able to withdraw only up to $10,000 in U.S. dollars or euros until March 9, 2025.

Court Freezes Shares of Raiffeisen’s Russian Division, Delaying Sale

The court’s injunction is tied to a lawsuit by Russian investment holding company Rasperia against Austrian construction firm Strabag.

Russian-Chinese Coal Project Hits Financing Hurdle Due to Secondary Sanctions

“Our Chinese colleagues are concerned that the process isn’t so quick and easy,” the CEO of Russia's En+ said.

Driver Shortage May Fuel Taxi Rate Hike, Yandex Warns

Dozens of regions in Russia have banned migrants from working as taxi drivers following the deadly concert hall attack near Moscow in March.

Gazprom Postpones Arctic Gas Exploration Projects After Record Loss

The move comes amid record losses, Western sanctions in response to the invasion of Ukraine and China's refusal to sign a new contract for Russian gas...

Kremlin Approves Sale of Unilever’s Russian Subsidiary – RBC

Unilever, the maker of Dove soap and Magnum ice cream, halted imports, exports and advertising in Russia following the invasion of Ukraine.

Sanctioned Russian Central Banker Named to IMF’s Board

Ksenia Yudaeva was hit by the first series of sanctions put in place by Washington after the start of Russia's invasion of Ukraine.

What We Trade in the Shadows: Just How Much Do We Know About the Russian Economy?

Analysts have been struggling to shed light on how Russia gets its money, where it keeps it and what it does with it.

Russia Imports $30M in U.S. Dollar, Euro Banknotes From Rwanda Despite Sanctions – Vyorstka

The United States and the European Union banned the export of their banknotes to Russia in March 2022 following the full-scale invasion of Ukraine.

Russian Manufacturing Growth Hits 1-Year Low in August

New orders and employment also slowed last month, according to S&P Global’s Purchasing Managers’ Index.

Delays and Rising Costs Hamper Russia-China Trade in August – Reuters

Chinese state banks have reportedly halted transactions with Russian companies “en masse,” leaving payments worth billions of yuan in limbo.

opinion Saahil Menon

Ending 'Golden Visas' Will Hold Rich Russians Like Durov Accountable

Western governments must tighten the screws on jurisdictions that commoditize nationality and residence permits, given the unsavory clientele these schemes...

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