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Asian Business Giants Thrive in Russia Despite Sanctions

Their presence reveals a divergence between Western corporate exodus and Eastern mercantile strategy.

Russia Asked U.S. to Lift Sanctions From Aeroflot, Lavrov Says

“The Americans considered it, but so far we haven’t seen any response,” the Russian foreign minister said at a conference on Friday.

Gazprom Abandons Bolivia’s Azero Project After 16 Years of Unfulfilled Promises

The failure of Gazprom’s Azero venture is more than just an economic footnote; it is a cautionary tale of geopolitical overreach and energy sector overpromising...

Russia Posts $5.4Bln Budget Surplus in March but Hard Landing Risks Increase

Analysts caution that the rising likelihood of a global recession increases the chances of a “hard landing” for the Russian economy due to falling...

Rotenberg Brothers Behind Russia’s Wartime Asset Seizures – FT

An anonymous Russian government official said the Rotenberg brothers have developed “this whole concept of kind of soft nationalization.”

Russia’s Only TV Manufacturer Discontinues Production

Sources close to the company said the decision to end production was due to sluggish demand and burdensome government paperwork.

Trump Tariffs Show Disregard for International Norms, Russia Says

Russian officials have begun voicing concern, particularly over falling oil prices — a key source of state revenue — since the tariff hikes were announced...

Russian Central Bank Warns Falling Oil Prices Could Squeeze Budget

“The risks are there,” Central Bank chief Elvira Nabiullina told lawmakers, adding that Russia “always prepares for such risks.”

opinion Jason Corcoran

How Trump’s Backfiring Trade War Could Crash Putin’s Economy

What Putin hoped would be an opportunity for sanctions relief and economic revival is now shaping up to be a deepening crisis.

No Sign Western Businesses Want to Return, Russian Central Bank Chief Says

“As for companies that want to return, we haven’t received any requests in the financial sector yet,” Central Bank Governor Elvira Nabiullina said...

opinion Vladislav Inozemtsev

Russia’s Businessmen Are Natural Opponents of Putin. They Just Don’t Know It Yet

Both Russia's self-made businessmen and the opposition have a common interest in living in a peaceful democracy that respects the rule of law.

Putin Signs Law Banning Advertising on Platforms Labeled ‘Extremist’ or ‘Undesirable’

The move will likely steer businesses away from promoting their products and services on platforms like Facebook and Instagram.

Russian Market Slides Amid Global Panic Over Trump’s Tariffs

Among the biggest losers on Monday was En+ Group, the parent company of aluminum tycoon Oleg Deripaska’s Rusal, which fell 9.76%.

Russian Markets Reel From Trump Tariffs, Oil Price Collapse

The Moscow Exchange was down 8.5% at the end of trading on Friday — its worst week in more than two years.

Mining Company Alrosa Unveils Russia’s Largest-Ever Diamond

The 100-carat diamond, named New Sun, was cut from a billion-year-old 200-carat rough diamond unearthed from an ancient riverbed.

No Quick Sanctions Relief Expected for Russia, Major Business Lobby Says

“We assume that 2025 will be a rather difficult year with internal and external challenges,” said Alexander Shokhin, president of RSPP.

Russia's Oil and Gas Revenues Fall 17% Year-on-Year in March

Moscow collected approximately 230 billion rubles ($2.7 billion) less in levies, which account for one-third of its total revenue, compared to March 2024...

American Companies Expected to Attend 2025 St. Petersburg Economic Forum

The organizer of the flagship economic forum said "several" U.S. companies had submitted applications to attend the four-day event in June.

Russia’s Real Wages Up 6.5% in January as Growth Slows

The wage gains come just as the economy begins to cool and inflation starts to decline.

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