Articles - The Moscow Times

Support The Moscow Times!

Contribute today

Russian Firms With Foreign Links Down 40% in 3 Years

The Kremlin’s drive to isolate the economy along with sanctions and the coronavirus pandemic have pushed out foreign investors.

Employees of Russian E-Retail Giant Wildberries Denounce Pay Shake-Up

Workers are denouncing a drop in wages at the company run by the country's richest woman, Tatyana Bakalchuk.

2 in 5 Russians Can’t Afford Necessities – Poll

Russians’ real disposable incomes have stagnated in recent years while inflation is driving up prices for groceries and other commodities.

Russian Economy Rebounds in Second Quarter

GDP grew by 10.3% compared to the same period last year.

Russia’s Inflation Moderates, Remains at 5-Year High

The pace of food price increases has started to slow down, but inflation remains well above government targets.

Russia’s Inflation Rate Climbs Higher Again

Prices are rising at 6.5% in annual terms, well ahead of the Central Bank’s comfort zone.

‘PERIODIC TURBULENCE’

Some Investors Sense Buying Opportunity in Russia-U.S. Détente

Russian market could benefit from geopolitical calm, but Black Sea skirmish shows Russia has a habit of delivering negative surprises.

STAYING THE COURSE

Russia’s Third Wave Unlikely to Faze Central Bank

Governor Elvira Nabiullina “dead set” on bringing inflation down, despite rising coronavirus numbers and hospitalizations.

RECOVERY COMPLETE

Russia’s Economy Hits Pre-Coronavirus Size – Central Bank

As Russia’s largest cities start reintroducing coronavirus restrictions, economy hits recovery milestone.

Russia Raises Interest Rates Again as Inflation Persists

Central Bank hikes rates to 5.5% and says inflation will remain elevated for at least another 12 months.

Russia’s 500 Super Rich Wealthier Than Poorest 99.8% – Report

Pandemic boosted fortunes of country’s wealthiest, while knocking living standards of the poorest.

Ruble Hits 10-Month High as Economy Strengthens

The Russian currency is booking gains ahead of an expected interest rate hike and closely watched presidential summit in Geneva next week.

Russia Passes First Law to Limit Greenhouse Gas Emissions

Russia’s economy must be deeply restructured to catch up with global climate change reforms, Putin’s climate change envoy says.

Russia’s Inflation Surge Is Not Temporary, Will Hurt Economy, Central Bank Warns

At ‘Russia’s Davos,’ Russia’s top economic policymakers debate how to tame price rises.

RAINY DAY FUNDS

Russia’s Currency Reserves Hit Record $600Bln

As oil prices have recovered, Moscow’s international reserves have continued climbing.

World Bank Urges Russia to Adopt Guaranteed Minimum Income to Slash Poverty

Russia spends $30 billion on social welfare, but only 10% goes to the extremely poor.

Russia’s Economy Almost Hits Pre-Coronavirus Levels

GDP was down just 1% in the first quarter of 2021 compared to last year.

Russia Hikes Interest Rates in Battle to Tame Inflation

The regulator raised interest rates to 5% in a meeting Friday.

STATE OF THE NATION

Putin Announces New Cash Handouts, Familiar Policies in Pre-Election Pitch

Bonuses for families were top of the agenda in a state of the nation address focused on Russia’s domestic problems.

Sanctions Threat Pushes Foreign Share of Russian Debt to 6-Year Low

International investors hold less than 20% of Russia’s government debt for the first time in six years.

View more articles