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Russia Threatens Draft Dodgers With Travel Restrictions, Fines by Text Message

Legal experts and human rights advocates have condemned the notifications as coercive tactics.

Russia to Launch Trump Vodka

The patent application for Trumpovka brand vodka includes a distinctive label featuring Trump’s silhouette holding an accordion.

Russia Faces a Wave of Bankruptcies as Borrowing Costs Skyrocket

Corporate bankruptcies in Russia have jumped by 20% this year as soaring interest rates and liquidity shortages push firms closer to financial ruin.

Russia to Mine Bitcoin in BRICS Countries

The project could see the BRICS group of nations — which already has a combined gross domestic product larger than the G7 — build a crypto-based payment...

Trump’s Win Gives Optimism to Russian Brokers

“All the talk this morning is about how to trade Russia and whether sanctions will be thrown off,” FT wrote.

Putin’s Guns-And-Butter Economics Take a Blow as Russia Turns to Turkish Dairy Farmers

The price of a block of butter has risen by 26% since December, pushing officials to seek new suppliers abroad.

Russia’s Real Estate Market Rocked by the End of Generous Mortgage Subsidies

Russia is now facing a housing affordability crisis which will compound the coming economic slowdown in 2025.

Russia’s Inflation Down Only Marginally in September, Beginning of October

The market expects the key interest rate to rise to at least 20%, especially after the government drafted a 2025-2027 federal budget seen as pro-inflationary...

Wildberries Subsidiary Files $400M Claim Against Bakalchuk

Tatiana Kim previously claimed that her estranged husband Vladislav Bakalchuk and his team siphoned 37 billion rubles out of the company.

Sanctioned Russian 'Defense Bank' Promsvyazbank to Launch Cross-Border Trade Transfers

It is not clear in what capacity PSB wants to participate in cross-border settlements, given that it is one of the most sanctioned Russian banks.

Productivity at Russia’s Largest Enterprises Rising in Effort To Keep Economy Competitive

Production at the largest Russian enterprises grew rapidly in 2012-2023 despite the pandemic, sanctions and weak impact of production growth on wages.

Russian Sparkling Wine Production Up 28% in September

State subsidies and a complex geopolitical climate have moved domestic producers to the forefront, but a turbulent history and concurrent anti-alcohol...

Over 500M Euros of Frozen Russian Assets in Netherlands Released – Reports

In one case, 230 million euros in frozen assets from an unnamed company were released because it "formally distanced" itself from its Russian owner.

Russia’s Central Bank Steps Up Yuan Sales Amid Deficit

The Russian domestic market reportedly saw a yuan liquidity shortage this summer as some large exporters turned to borrowing in CNY amid ruble interest...

Two Major Buyers Said To Bid for Raiffeisenbank Russia

Sources said that RBI is prioritizing a sale to a non-sanctioned entity to minimize the risk of Raiffeisenbank being added to sanctions lists after the...

Analysts Raise Inflation Forecasts Due to Russian Budget

One of the strongest pro-inflationary factors is a 12% rise in housing and utility tariffs, which could add 0.5 percentage points to inflation in 2025...

Raiffeisen Slashes Correspondent Accounts in Russia

Such massive movements of correspondent accounts could be directly related to a significant reduction in the bank's cross-border transfers, analysts surveyed...

Russia’s 2025 Budget Seen as Pro-Inflationary – Analysts

The 2025 budget boosts military spending by 25%, with the Russian Central Bank warning of fiscal risks to inflation.

Russia To Accept Mandarins Instead of Money Amid Payment Difficulties

Russian companies have established a barter trade system with Pakistan to facilitate economic exchanges without the need for monetary transactions.

Iranian President Locks In Gas Pipeline Deal with Russia

Pezeshkian said the gas deal would help Iran become a “regional gas hub,” serving both nations’ interests and promoting sustainable development and...