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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...

Russians Repatriate Record Sums From Foreign Banks – Central Bank

Russians have repatriated about 188 billion rubles ($2.31 billion) in total since March.

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.

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.

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...

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.

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.

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.

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...

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.

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.

Russia’s Planned VAT Hike Expected to Push Inflation Higher, Finance Ministry Says

Officials proposed raising the value-added tax from 20% to 22% starting next year to help close a widening budget deficit amid record military spending...

Moscow Businessman Arrested Over Decades-Old Contract Killings

Ibragim Suleimanov was arrested after the alleged gunman reportedly testified against him.

Russia’s Auto Industry Faces Labor Shortages as 4-Day Work Week Forces Employees Out – Reports

Employee incomes have fallen by about 20% since GAZ introduced a four-day work week in July, Mash reported.

Citibank to Stop Servicing Client Accounts in Russia – Reuters

The bank, one of the largest Western lenders on the Russian market, advised clients to transfer their remaining funds to other banks as soon as possible...

Russia’s Private Sector Activity Hits 3-Year Low

The S&P Global Purchasing Managers’ Index (PMI) fell to 46.6 in September from 49.1 in August.

EU Weighs Handing Raiffeisen $2Bln in Deripaska-Linked Strabag Shares – FT

EU ambassadors were expected to discuss the plan in Brussels on Friday, with “several” member states likely to object, the FT reported.

Thousands of Trucks Stuck at Kazakhstan-Russia Border Amid Customs Crackdown

Transport operators see the situation as a sign that Kazakhstan is moving toward closer compliance with Western sanctions on Russia.

Russia’s Arctic LNG 2 Ramps Up Output to Record Levels – Bloomberg

Average daily output in September reached 17.9 million cubic meters, about 14% higher than the previous peak in August.

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