The agreement was signed in late January amid what one source described as a “heated battle with competitors.” 

2 Min read

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

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

2 Min read

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

“One can only hope this ‘major step forward’ comes without human casualties,” one expert wrote.

2 Min read

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

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

“The period of ultra-high-yield deposits is over,” one analyst said.

2 Min read

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

6 Min read

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

2 Min read

Despite the Kremlin's plan to boost traffic along the Northern Sea Route, international demand remains limited due to a variety of factors.

2 Min read

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

2 Min read

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

2 Min read

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

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

5 Min read