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Sberbank Warns of Rising Overdue Loans as Russian Companies Struggle

The difficulties are affecting several sectors, including individual residential development projects, retail, commercial property and online marketplaces...

Russia’s Central Bank Says Putin’s Stock Market Target Is Out of Reach

Putin had ordered Russia to double its stock market capitalization to at least 66% of gross domestic product by 2030.

Russia’s Currency Buying Spree Set to Pressure Ruble as Oil Revenues Rise

The ministry said it would buy 279.4 billion rubles ($3.30 billion) worth of foreign currency between Oct. 7 and Nov. 6 under Russia’s fiscal rule.

Here's How Russia Plans to Pay for the Ukraine War in 2027

Moscow is planning higher taxes, more borrowing and cuts to national health programs to help it fund its record defense spending.

Russian Businesses to Pay $5.7Bln in ‘Voluntary’ Budget Contributions – The Bell

Contributions surged after Putin’s annual meeting with business leaders in March, when he asked billionaires to contribute toward the war effort.

Government Submits 3-Year Budget to State Duma as 2026 Deficit Set to Reach $88Bln

A record 34.9% of total budget spending is set to remain classified in 2027.

Russia’s Finance Ministry Fails to Sell Bonds as Borrowing Plans Weigh on Market

The failed sale comes as the government prepares to borrow more to cover a widening budget deficit.

Russia’s Crude Exports Rise as Diesel Ban Limits Gains From Higher Oil Prices

The increase could help Moscow fund its rising military spending, but it comes with a costly trade-off.

Russia Has a Budget Problem. Borrowing Its Way Out Won't Be So Simple.

The rising cost of debt is helping push Moscow toward tax hikes and spending cuts that analysts say could weaken growth.

What Could the ‘Super’ El Niño Bring to Russia?

The current super El Niño, the effects of which are already being felt across the globe, is on track to become the strongest on record.

opinion Tatyana Rybakova

Russia Has a Labor Shortage. So Why Can’t Anyone Find a Job?

Russia’s official unemployment rate of 2.3% should indicate a severe shortage of workers. But workers themselves tell a different story.

opinion Sergei Shelin

Putin Does Not Need an Economic Revolution – Yet

Despite mounting economic pressure, a radical shift to a “mobilization economy” is less likely than it may seem.

Russia Can Manage Its Growing Deficit, Putin Says

The federal budget deficit grew by 40% in the first half of this year to reach 2.8% of gross domestic product.

Why the Middle East Oil Shock Failed to Save Russia’s Budget

Six months into the U.S.-Iran war, Russia’s oil windfall looks surprisingly meager despite initial predictions of a revenue boom.

opinion Sergei Shelin

Russia’s Economic Doomsayers Were Wrong. So Were the Optimists.

Neither Kremlin loyalists nor independent analysts consistently saw what was coming. The question is what they make of what comes next.

Russians Are Rushing for Cash. Should the Kremlin Be Worried?

Households and businesses have added $25.3 billion to their cash holdings so far this year, marking the largest increase since the start of the war.

Ukrainian Strikes Halt Most Russian Grain Exports in the Black Sea

Experts cautioned that the disruption would not necessarily be permanent and some terminals were likely to resume operations.

VEB Chief Economist Fired After Warning Russia Cannot Win ‘War of Attrition’ – The Bell

Andrei Klepach, who served as VEB.RF’s chief economist for 12 years, was reportedly fired after the bank’s leadership received a phone call “from...

opinion Nick Trickett

How Russia’s Obsession With Economic Stability Made It Weaker

For decades, Western observers thought Russia's economy was going from strength to strength. But it was creating its own weaknesses.

Russian Economy Returns to Growth, but Economists Warn Rebound May Be Short-Lived

Gross domestic product grew 1.3% in April-June despite Ukrainian strikes on oil refineries that pushed refining volumes to their lowest level in two decades...

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