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Articles with tag "Economy"

Russia’s Regions Post Largest-Ever Budget Deficit in 2025

The number of regions running a deficit also increased significantly — from 50 in 2024 to 74 in 2025.

Russia’s Energy Revenues Down 27% From Pre-War Levels – Analysis

In total, Russia earned 193 billion euros from energy sales over the past year, of which 14.5 billion euros came from the European Union. 
3 Min read
Feature

‘Systemic Degradation’: How 4 Years of Occupation Have Devastated the Economy of Eastern Ukraine

In a region already torn apart by war, the lack of means to put food on the table only heightens day-to-day hardship, experts and locals say.
5 Min read
opinion Jason Corcoran

Moscow's De-Dollarization Dreams Meet Pragmatic Reality

A leaked memo suggests Moscow may rejoin the dollar settlement system despite years of trying to go its own way.
6 Min read

Putin Urges Businesses to Encourage Employees to Have More Children

Businesses should play a “key role” in meeting the country’s demographic goals, Putin said as Russia continues to grapple with falling birthrates...
2 Min read

Russian Stock Market Faces Uphill Battle to Hit Putin’s Ambitious 2030 Target

In 2024, Putin ordered the stock market to double its market capitalization to 66% of GDP. To hit that target now would require a near‑threefold increase...
3 Min read

Russia to Hike Cargo Rates to Support Rail Monopoly Amid Mounting Losses

RZhD has accumulated 4 trillion rubles ($52 billion) in debt and recorded its first net loss since the pandemic last year.
2 Min read

Russia’s Kamaz Sees Nearly Half of Output Shift to Defense Orders

“Half of current production now goes on ‘black plates’,” one Kamaz dealer said, referring to military registration plates.
2 Min read

Russians Spend Nearly $50Bln on Foreign Travel as Stronger Ruble Fuels Outbound Boom

Turkey, the UAE, Egypt, China and Thailand were the most popular destinations.
4 Min read

Russian Steelmakers Seek Tax Relief as Output Falls, Layoffs Begin

Producers have begun shifting to shorter working weeks, laid off about 3,000 employees and were placing blast furnaces into hot idle mode due to declining...
2 Min read

Russian Central Bank Trims Key Rate, Sees a More Balanced Economy Ahead

Policymakers said the economy “continues to return to a balanced growth path” despite an uptick in inflation in January.
2 Min read

Russia’s External Debt Hits 20-Year High

As of Feb. 1, foreign investors held $61.97 billion in Russian government debt. The majority of those holdings are long-term bonds.
2 Min read

Russian Business Climate Indicator Slips to Near-Stagnation

February’s reading was the weakest since October 2022, when business activity slumped in the wake of Russia’s “partial” mobilization for the war...
3 Min read

Russian Companies Move Millions to Part-Time Work in Decade High

The surge in part-time work highlights the hidden strain on Russia’s economy as the invasion of Ukraine nears its four-year mark.
2 Min read
opinion Sergei Shelin

Putin Is Battling Inflation – But Sacrificing Russia’s Economy

Some economists think the Kremlin's obsession with reducing inflation is an ideological decision that harms the war effort.
6 Min read

Russian IT Wages Stagnate as Growth Falls Behind Inflation

Rising prices have begun to erode real incomes for IT workers.
2 Min read

Ukrainian Strikes Cost Russian Oil Sector Over $13Bln in 2025, Insurers Say

Bloomberg calculated that Ukraine carried out 120 attacks on Russian energy facilities in 2025.
2 Min read

Russia’s January Budget Deficit Hits Nearly Half of Annual Target

The budget deficit widened even further as oil and gas revenues fell by 50% to a five-year low.
2 Min read

Russian Exporters’ FX Sales Fall to 3-Year Low, But Ruble Holds Firm

Net foreign currency sales by Russia’s largest exporters fell to $4.7 billion in December, the lowest level since the Central Bank started publishing...
3 Min read
Feature

As Everyday Prices Creep Upwards, Russians Feel the Pinch

Russian shoppers have flooded social media with videos complaining about rising prices. What is driving the surge?
5 Min read
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