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Sanctions Create Opportunities for Chinese Tech Companies in Russia

With their primary focus on software development and cryptocurrency mining, these firms are reshaping the Russian tech landscape.

Russians Remain Top Property Buyers in Turkey

Russian nationals have been the top foreign buyers of Turkish real estate since April 2022, shortly after Russia invaded Ukraine. But demand is expected...

What's Next for Georgia's Economy Amid Pro-EU Protests and Government's Drift From the West?

Georgia's fragmented political landscape mirrors its complicated economic situation.

Son of Key Putin Aide Holds Western Investments Despite Sanctions

VK CEO Vladimir Kiriyenko is seeking to move his investments from an offshore company in the British Virgin Islands to another offshore firm in Barbados...

Russian Coal and Steel Exports to China Shrink in 2024

Overall trade growth between the two countries slowed to 1.9% in 2024, down from 26% in 2023.

Russia’s 2024 Harvest Falls Below Expectations on Bad Weather and Supply Chain Woes

Poor weather, limited access to high-quality seeds due to sanctions, farm machinery and a chronic labor shortage all contributed to the decline.

Iran Seeks To Expand Nuclear Power Cooperation With Russia’s Rosatom

Both countries are seeking to strengthen their bilateral energy cooperation amid Western sanctions.

Czech Beer Exports to Russia Surge in 2024

Despite severed business ties due to the Russian invasion of Ukraine, Czech beer exports to Russia were up 12.4% year-on-year in 2024.

'Out of Control': Russia's CPI Inflation Up Again to 9.5% in December

The Central Bank continues to lose the fight to reign in rising prices.

Czech Republic Finishes Pipeline Extension, Ending Reliance on Russian Oil

“Russia can no longer blackmail us, and we have a guarantee that we can completely supply ourselves with oil from the West,” Prime Minister Petr Fiala...

Russia's Hidden War Debt Creates a Looming Credit Crisis

The Kremlin's mechanism to unofficially fund its war machine is becoming a problem.

Dozens of Tankers Carrying Russian Oil Stuck Idling After U.S. Sanctions

At least 65 oil tankers were stationary in waters near Russia, off Singapore’s coast and near Chinese ports, ship tracking data showed.

China-Russia Trade Hit Record High in 2024

The total value of imports and exports between the two countries amounted to $244.8 billion, a modest increase from $240.1 billion in 2023.

Gazprom Weighs Laying Off 1,600 Managers Amid Wartime Losses

Gazprom’s deputy chairman, Sergei Kupriyanov, confirmed reports of the proposed mass layoff but declined to provide additional comments.

Rental Prices in Russia Rose 31% in 2024, Experts Say

Inflation, rising borrowing costs and the end of state mortgage subsidies placed pressure on the housing market last year.

Russia Says U.S. Risks Global Energy Instability With New Sanctions

Moscow on Saturday accused the U.S. of being ready to risk global energy instability with new wide-reaching sanctions on Russia's energy sector. The U...

U.S., U.K. Unveil Sweeping Sanctions Against Russia’s Oil Sector

Russian oil majors Gazprom Neft and Surgutneftegaz were both targeted in the new sanctions package, along with Moscow’s “shadow fleet.”

European Imports of Russian LNG Hit 'Record Levels' in 2024

European ports received 17.8 million tons of LNG from Russia in 2024, over 2 million tons more than in 2023, The Guardian reported.

opinion Alexandra Prokopenko

Russia’s Economic Gamble: The Hidden Costs of War-Driven Growth

The storm of government spending cannot address the chronic problems sending Russia's economy irreversibly toward economic stagnation.

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