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3 Tankers of Russian Diesel Headed for North America, Russian Deputy PM Says

Alexander Novak said Russian companies could supply 500,000 metric tons in October.

Russian Subsidiary of German Retailer Metro Donates $12M to Military Fund

The move comes after Putin signed an executive order on Sept. 28 placing Metro Russia under “temporary management” of the state.
1 Min read

Russian Central Bank Holds Key Interest Rate Steady

Policymakers have been weighing inflation risks against the need to lower currently high borrowing costs for businesses and consumers.
2 Min read

First Shipment of Russian Diesel Departs for the United States Under Trump Deal

The tanker, loaded with 40,000 metric tons of ultra-low sulphur diesel, is expected to arrive in the United States on Nov. 7.
2 Min read

AvtoVAZ Output, Sales Could Fall Up to 25% as State Subsidies Run Out

The Industry and Trade Ministry said the subsidies had supported sales of 178,200 vehicles.
3 Min read

As the Kremlin Seizes Control of European Companies, U.S. Rivals Remain Largely Spared

Russia has seized the local assets of just three American firms since Trump began his second term in office, compared to those of more than a dozen European...
4 Min read

Ex-Deputy PM Grigorenko Nominated as Sberbank Deputy Board Chairman

Sberbank’s supervisory board is scheduled to formally vote on Dmitry Grigorenko’s appointment at its next meeting in November.
2 Min read

Armenia Appeals to Eurasian Economic Union for Removal of Russian Trade Restrictions

Russia has issued sweeping bans on a range of Armenian products this year as Yerevan, Moscow’s historical ally, began the process of joining the EU.
2 Min read

Russia’s Gold Reserves Fall to Lowest Since 2019 as Budget Deficit Widens

The Bank has reduced its holdings by 2 million ounces, or about 62 tons, since December, when it began its largest sustained sell-off in decades.
2 Min read

Crypto Exchanges Bitget, MEXC End Services for Customers in Russia and Belarus

The moves could signal a broader retreat by international crypto exchanges from the Russian market as regulatory pressure mounts, industry figures said...
1 Min read

Latvia Emerges as Top-5 Importer of Russian Grain, Consultancy Says

Russia has been reshaping its grain export routes after shipments through the Azov-Black Sea basin, its main export corridor, largely stalled in mid-August...
1 Min read
Feature

From Banking to Taxis, Ukraine’s Data Center Strikes Disrupt Everyday Life in Russia

The strikes on Yandex data centers have impacted services used by millions — and exposed vulnerabilities in Russia’s digital infrastructure.
5 Min read

Russia Looks to Africa for Gas Buyers as Gazprom Struggles to Replace European Market

Putin’s efforts to secure a new gas deal with China that would bring annual supplies to 100 billion cubic meters have so far failed to produce an agreement...
2 Min read
News Analysis

Russian Firms Stand to Gain Most From Trump’s Diesel Deal, Analysts Say

While Russian firms stand to benefit from looser export restrictions, the promised shipments may do little to bring down U.S. fuel prices.
4 Min read

St. Petersburg Bans Migrant Workers From Gym, Hair Salon and Retail Work

The decree expands on existing restrictions, which last year banned migrant patent holders — a temporary low-skilled work visa — from driving taxis...
1 Min read

Russia’s Growing State Sector Nears Limit for Sustained Growth, Economist Warns

The head of Sberbank’s Center for Macroeconomic Research said Russia’s consolidated budget now amounts to 39% of GDP.
3 Min read

Putin Hands Control of 5 Western Firms to Ukraine War Veteran

The Kremlin says the latest transfers represent a continued policy “trend” targeting countries that froze Russian reserves in Europe.
2 Min read

Putin Praises Russia’s Stock Market as Shares Slide and Growth Target Slips Away

His comments came after officials acknowledged that Russia would be unable to meet his goal of raising stock market capitalization to 66% of GDP by 2030...
3 Min read

Russia’s Oil and Gas Revenues Forecast to Rise 10% Year-on-Year in October to $12Bln

October revenue is expected to exceed September levels by about 164 billion rubles, or 36%.
1 Min read
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