Business January 22, 2025 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.
Business January 20, 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.
Business January 17, 2025 Russian Import Costs Surge Amid Sanctions, Driven by Price Hikes and Market Shifts The financial impact of these shifts is considerable. In 2023 alone, Russian buyers incurred an additional $20 billion in costs due to the rising prices of imports.
Gazprom Plans Significant Workforce Reduction Gazprom plans to cut its central administration workforce by nearly half, reducing staff from 4,100 to 2,500 employees. January 13, 2025 Business
Petr Aven Exits Stake in Russian Alfa-Bank According to a report by the LETA news agency, Aven has formally informed both Latvian and European authorities of his decision. January 12, 2025 Business
Risks of Russia’s Two-Speed Economy in 2025: What Lies Ahead? The Russian economy faces a unique development model – a two-speed economy, where the military and civilian sectors move in different directions. January 11, 2025 Business
Artificial Intelligence and the Future of Advertising Today’s advertising market is undergoing global changes due to technological innovations and changing consumer preferences. January 5, 2025 Business