Russia’s Banks Are Starting to Show the Cost of High Rates
Data for January-May 2026 suggest that pressure inside the banking system is no longer confined to small lenders.
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Moscow Returns to the Currency Market
Russia is preparing to resume purchases of foreign currency for the National Wealth Fund for the first time since the start of the war in Ukraine.
Russians Face a New Squeeze as Income Growth Slows
The slowdown in Russian household income growth is becoming a persistent trend, raising the prospect that real incomes may begin falling for the overwhelming majority of citizens.
Russia’s Central Bank Is Set to Cut Rates Again as the Economy Loses Momentum
According to Bloomberg, all nine economists surveyed expect the Bank of Russia to lower its key rate to 14.5% at Friday’s meeting.
Swiss Bank Bets on Gold Again, Targets $6,000 per Ounce
Despite recent volatility, the bank believes the long-term outlook for the precious metal remains strong.
Russia seeks buyers for sanctioned LNG in Asia
According to Bloomberg, these cargoes were offered last week at discounts of up to 40% to spot prices.
US Extends Waiver for Transit of Russian Oil via Kazakhstan
According to Kazakhstan’s Energy Ministry, the exemption was agreed with the US Treasury and effectively ensures the continuity of supplies amid turbulence in global energy markets.
Tanker routes shift as diesel flows move away from Europe
According to Bloomberg, several tankers carrying diesel that had departed from the US toward Europe in recent weeks have sharply changed course in the Atlantic.
How the Middle East war could trigger a global economic crisis
It is reasonable to assume that the conflict may drag on. If so, the impact will not be limited to commodities markets. Energy sits at the core of modern industrial systems, and through petrochemicals it connects — directly or indirectly — to almost every sector of the global economy.
Chevron CEO: U.S.–Iran war hit oil markets harder than the conflict in Ukraine
Speaking at the CERAWeek by S&P Global conference in Houston, Wirth said significant volumes of oil and gas are currently not reaching the market.
Russia’s Central Bank Prepares for a Cautious Rate Cut Amid Rising Risks
The key rate is expected to be lowered to 15% at the upcoming meeting, marking another step to support a slowing economy.
“Germany’s Growth Engine Will Never Restart”: Demographics Against Hopes for a New Boom
According to Der Spiegel, there are fewer and fewer signs that Germany’s prolonged stagnation will automatically give way to a phase of strong economic expansion.
Foreign Oil Claims on Venezuela Thrown Into Doubt After U.S. Intervention
According to Bloomberg’s assessment, foreign state-owned companies — above all from China and Russia — now appear to be among the most exposed if Venezuela’s oil agreements are revised or rewritten.
