Economy

There’s no money to be made in Russia

Recent discussions in the US focus on potential opportunities for American companies in Russia in the event that relations between…

Boost for Putin as Russian parliament approves defence-heavy budget

Russia's defence spending is due to overtake social spending for the first time in the country's modern history, but analysts…

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…