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Half of Russians Cannot Predict Household Income Beyond 6 Months – Survey

Half of respondents said they could only predict their family income for six months or less, up from 44% two years ago.

Russia Could Face Systemic Banking Crisis by Late 2026, Kremlin-Linked Think Tank Warns

The Central Bank rejected the warnings, saying it sees no grounds for a banking crisis.
2 Min read

Russia’s Central Bank to Lift Restrictions on Foreign Currency Transfers

Money transfers by Russians and non-residents of “friendly” countries will be unrestricted starting Dec. 8, the Central Bank said.
1 Min read
News Analysis

How Customer Discounts Ignited a Battle Between Russia’s Banks and E-Commerce Giants

Russia’s top e-commerce platforms offer discounts to customers who use the platforms’ in-house banks. Traditional lenders are now crying foul.
6 Min read

U.S. Suspends Some Sanctions on Russian Oil Giant Lukoil

The decision partially suspends the measures decided in October by U.S. President Donald Trump.
1 Min read
opinion Tatyana Rybakova

Russia May Have Won a Company, but Lost a Friend in Serbia

With the situation around NIS, Russia exploited its power so bluntly that the trust of ordinary Serbs is likely lost forever.
4 Min read

Russia’s Oil and Gas Revenues Fall 34% Year-on-Year in November

The data underscores mounting pressure on the federal budget from a combination of sanctions, weak crude prices and a strong ruble.
2 Min read

Russians Pour Record Funds Into Domestic Securities as Rates Fall

Net contributions to brokerage accounts reached 872 billion rubles between July and September, up 83% from a year earlier.
3 Min read

Sanctioned Dagestan Senator Revealed as Major Investor in U.S. Data Centers

Chicago-based investment firm IPI Partners accepted investments from billionaire Suleiman Kerimov, the U.S. Treasury Department said.
2 Min read

Russia Shelves Northern Siberian Railway to China Over $644Bln Price Tag

The planned railway rwould have stretched from Nizhnevartovsk in the Khanty-Mansi autonomous district to the Chinese city of Ürümqi.
2 Min read

Russia Orders Underwater Inspections of All Foreign Ships Entering Its Ports

The tightening of controls follows a series of mysterious explosions affecting tankers arriving at Russian ports since early 2025.
2 Min read

Ukraine Launches Record Number of Strikes on Russian Oil Refineries in November

Kyiv has stepped up strikes on Russia’s energy infrastructure since August in a bid to undercut Moscow’s oil revenues
2 Min read

Rosneft’s Net Profit Plunges 70% in First 9 Months of 2025 as Falling Oil Prices and Sanctions Bite

CEO Igor Sechin linked the results to a deteriorating economic environment, including lower prices amid rising oil supply.
2 Min read

Third Tanker Carrying Russian Oil Hit by Explosions

The incident near Dakar, Senegal marks the third case involving tankers transporting Russian fuel since last week.
1 Min read

Sanctioned Oil Tankers Hit by Blasts, Fire En Route to Russia, Turkey Says

Authorities suggested the two tankers may have been hit by devices while heading toward the Russian port of Novorossiysk.
2 Min read

Putin Signs Law Raising Russia’s Value-Added Tax to 22%

Businesses have indicated they plan to pass the increase onto consumers, who have already been strained in recent years by surging inflation.
1 Min read

VTB Plans Small-Scale Staff Cuts to Improve Efficiency

“This is about optimization aimed at increasing efficiency, primarily in these areas,” first deputy CEO and CFO Dmitry Pyanov said.
1 Min read

Russian Industry Sentiment Falls to Late-1990s Lows – Report

November’s reading marks the weakest point since April 2020, when nationwide lockdowns froze much of the economy.
2 Min read

Russia’s Forestry Industry Faces Steep Production Slump in 2026, Official Says

The worst-case scenario points to a 20-30% drop in output in 2026.
1 Min read
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