Russia’s Trade Balance Hits Post-Pandemic Low
According to the Central Bank of Russia, the difference between the value of exported and imported goods in Q4 2024 contracted by 35% year-on-year.
Russia’s Reliance on European Pharmaceuticals: Trade Flows Resilient Amid Sanctions
Despite ongoing geopolitical tensions and sanctions, Russia continues to depend heavily on pharmaceutical imports from Europe.
Russian MP Calls for Investigation Into Poet’s Mysterious Death – Claims It Was a Murder, Not a Duel
An MP claims poet Mikhail Lermontov’s death was murder, sparking debates over Russia’s historical narratives.
Russia Struggles to Replace Foreign Software Amid Persistent Shortages
The country faces 837 software gaps, with 412 lacking domestic alternatives, highlighting its reliance on foreign technology.
Ozbor Enterprises Secures Gas Transit via Turkish Stream, Set to Begin February 1
According to Russian newspaper Kommersant, Moscow is expected to provide financial aid amounting to $160 million to support this initiative.
Russia’s Central Bank Considers Rate Hike Amid Inflation Concerns
The CBR’s rationale for advocating a rate hike is rooted in accelerated price growth observed in December.
Russia’s Federal Budget Deficit Hits ₽3.5 Trillion: A Record High
This alarming figure has far exceeded initial projections and highlights significant challenges in the country’s fiscal management.
Russia May Face Increased Fiscal Oversight
The measures are aimed at targeting the informal economy by implementing stricter monitoring of money transfers and unregistered transactions.
Russian Senate Considers Mandatory Identity Verification for Domain Owners via Government Portal
Sources familiar with the proposal indicate that Russian authorities aim to introduce mandatory registration for internet access by the end of 2025.
Russian Exporters Face Mounting Challenges in Repatriating Foreign Revenue Amid New US Sanctions
The November sanctions package has exacerbated delays in transactions, account freezes abroad, and the rising cost of cross-border operations.