Interest rates: analysts expect a pause, Putin demands a cut
The Central Bank’s rate-setting meeting on July 24 comes amid a surge in inflation driven by the fuel crisis and loud calls for another rate cut.
4 hours ago
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Ukraine hits warehouse of top online marketplace
Ukraine’s long-range drones hit warehouses used by Wildberries, Russia’s answer to Amazon, in attacks over the weekend. The online marketplace handles 10 of the country’s entire retail trade.
1 day ago•
1
US revives mega anti-Russia sanctions bill
An anti-Moscow sanctions package described as an “economic bomb” that was proposed by the late Russia hawk Lindsey Graham looks like it could be passed into law.
4 days ago•
3
Publishing Activity
Daily article output trend
Government writes off regional debts
So far this year, the government has written off 277.4 billion rubles (3.6 billion) of debt owed to the federal center by 68 regions, the finance ministry reported.
1 week ago•
2
Russia’s fertilizer king addresses life after Putin
Andrei Melnichenko is one of the richest men in Russia — eighth by Forbes’ last count — and the owner of one of the world’s biggest fertilizer producers, Eurochem.
1 week ago•
2
War chokes Russian stock market, again
The Russian stock market is in a protracted slump, with the MOEX index having fallen for the last 17 weeks running — the longest unbroken fall since 1997.
1 week ago•
1
Fuel crisis intensifies
The gasoline crisis triggered by Ukrainian strikes on Russian oil infrastructure has spread to nearly every region of Russia. The authorities are looking for solutions, from relaxing fuel specifications to ramping up imports.
2 weeks ago•
1
Russia’s place in the AI race
While OpenAI is trying to secure White House support in return for a 5 stake, in Russia, the authorities are exerting full control over the country’s entire AI sector.
2 weeks ago•
3
Prices aren’t rising. They’re ‘changing’
An interesting pattern has emerged in the Economic Development Ministry’s price monitoring reports over recent months. When prices fall, the ministry states it directly.
2 weeks ago
State nationalizes army’s bearings supplier
Russia’s authorities continue to nationalize enterprises whose owners have served as lawmakers in the State Duma on corruption allegations.
3 weeks ago