Russia
Russia
Russian President Vladimir Putin stated in mid-September at a government meeting that Russia's economic development was generally in line with the government's expectations. According to government estimates…
Russia
Russia's GDP grew by 0.8% in August, but consumer spending is slowing: Consumer spending rose by only 2.9%, and according to SberIndex, by just 1.2% at the end of September. Putin considers the economy to be “stable,” while industry is stagnating.
Russia
During his traditional keynote address at the conclusion of the International Valdai Discussion Forum late last week, Russian President Vladimir Putin spoke about the economic situation in Russia, about…
Russia
Last week, commercial operation of 5G networks began in Russia, seven years after the mobile communication standard was launched in Germany. On September 11, 2026…
Russia
For more than three decades, the EU was Russia’s most important trading partner. In the record year of 2012, the two sides traded goods worth 321.5 billion euros; by 2025, that figure had fallen to just…
Russia
A decree issued by Putin has placed Metro Russia under receivership. The figures show a wholesaler with stable sales, declining margins, and growing competition from Lenta, online marketplaces, and franchise chains.
Russia
The Russian government is raising its growth forecast for 2026 to 0.6% and expects 1.4% for 2027. The OECD and the EBRD do not expect Russia's economy to grow much faster next year either.
Russia
Moscow leads Europe in the use of public electric buses. This environmentally friendly mode of transportation is more energy-efficient and also less expensive to maintain than conventional buses. However…
Russia
Last Thursday, the government approved the draft budget for the next three years. It will be submitted to the Duma in the coming days…
Russia
Presidential Decree No. 95 of March 5, 2022 (“On the Temporary Procedure for Fulfilling Obligations to Certain Foreign Creditors”) and other decrees regarding…
Russia
The Russian Ministry of Agriculture estimates the agricultural sector’s total vegetable production in 2025 at 7.6 million metric tons, excluding potatoes. In 2024, the harvest fell after…
Russia
Since April 2023, the Kremlin has been using Presidential Decree No. 302 to place Western companies in Russia under external administration. The decree is officially a…
Russia
Ahead of the Duma election, Putin estimates Russia’s growth at “up to 1%” and says inflation is under control. Economists such as Chris Weafer and Vasily Astrov, on the other hand, speak of stagnation.
Russia
This Friday, the Russian Central Bank is expected to pause its cycle of interest rate cuts for the first time since June 2025. Over the past 14 months, it has cut the key interest rate 10 times…