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Economy
Saving the rouble could have cost some of the Russian banks’ profits in September
High interest rates took a bite out of consumer lending and took a toll on banks' profits in September. Russian…
Worry in Russia as egg prices soar ahead of festive season
Some Moscow residents claim egg prices have doubled, as Russia continues to battle persistent inflation and Western sanctions. Surging egg…
Russia’s economy is going strong: why haven’t Western sanctions worked?
Renewed packages of sanctions from the EU and US were supposed to weaken the Russian economy. Instead, it has adapted,…
Russian central bank hikes interest rate to record-high 21% to fight inflation
Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an…
