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Russia Plans $800M Aid Package for Struggling Coal Industry

Under the plan, coal companies would be allowed to defer mineral extraction tax payments and certain insurance contributions until Nov. 30.

Russian Steel Giant Reports Sharp Output Decline

Russia’s total steel production fell 8.6% in 2024 and another 7.2% in early 2025, the steepest drop among major producing countries.

Majority of Russians Unwilling to Adopt Digital Ruble, Survey Finds

The Central Bank’s blockchain-based digital ruble is being developed as a domestic payment alternative to bypass foreign banks and Western financial...

Sales of New-Build Homes Plummet in Russia as Mortgage Subsidy Ends

The end of a popular mortgage subsidy program and high borrowing costs have pushed many buyers out of the market.

Russian Coal Industry Faces Mounting Losses as Dozens of Companies Near Collapse

The Russian National Credit Rating Agency has suggested the industry could experience a wave of consolidation.

Russia’s Timber Industry Faces Shutdowns Amid Sanctions, Strong Ruble and Slumping Demand

Industry leaders described the current moment as one of the industry’s most difficult periods in modern history.

Moscow Blames Sanctions for Russia-UN Food Deal Collapse

Russia's Foreign Ministry said on Saturday that extending the deal was not "envisaged."

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...

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?

Survey Shows Many Russians Lack Financial Reserves

Approximately 38% of employed Russians have no financial cushion in case of an emergency.

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.

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.

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.

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.

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.

Russians Set Record for Transfers to Foreign Brokers Amid Market Uncertainty

Despite the Central Bank’s repeated warnings, capital continues to flow outward.

Russia Sells Off More Foreign Currency from Wealth Fund to Bridge Budget Gap

Russia’s Central Bank will sell yuan on the Moscow Exchange at a rate of $124 million per day from July 7 to Aug. 6.

Russian Companies See Sharp Rise in Wage Arrears

A trade union report estimates the total of arrears to be significantly higher than government estimates, reaching $30 million in the first quarter.

Russia’s Natural Gas Exports to Europe Plunge to Historic Lows

With limited buyers and few alternatives, Gazprom faces mounting losses as a glut of unsold gas weighs on the Russian economy.

Russia Eyes Industrial Levy to Shield Domestic Producers and Plug Budget Gaps

The proposal comes amid the sharpest contraction in manufacturing activity since 2022, as well as mounting fiscal pressure on the state.

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