Russia Inflation and Price Movements in September: A Detailed Look
Russia’s year-over-year inflation stood at 8.63 percent by the end of September, marking a continued easing from earlier months. This…
Russian Mortgage Trends: Survey Insights and Lending Data
Recent findings from Sravni.ru show that only about two percent of Russians are prepared to take on a mortgage at current market rates, a…
Ruble Moves as Bank of Russia Sets Weekend Rates for USD, EUR, and CNY
The Central Bank of the Russian Federation published the official exchange rates for the weekend and the coming Monday, reflecting modest…
Oil Market Update: Brent Dips Below $75 as WTI Falls
Oil markets slip as Brent breaks under $75 and WTI dips further Brent futures for December traded below the $75 level for the first time since…
Sokol Marshmallows Poisoning Claims and Regulatory Audit
The Sokol confectionery plant, known for Giselle and Sokol marshmallows, is moving to sue after online posts claimed people were poisoned by…
Giselle Marshmallows: Safety, Rumors, and a Legal Response
The company behind Giselle marshmallows has repeatedly stated that the confection is safe for consumption and has moved to protect its…
VTB Biometric Payments Pilot in Russia Expands Across Cities
VTB joined the pilot program of the National Payment Card System to test biometric payments, enabling non cash purchases with facial…
Credit Card Trends in Russian Megacities
Credit cards in Russia are most often issued to younger men living in cities with populations over one million. This portrait comes from…
Russia and Neighbors Explore Emergency Power Arrangements
Russia approached Azerbaijan and Georgia with a formal request to study the feasibility of importing electricity in case of an emergency. The…
Ruble Gains Ground in Asia and Global Settlements, Dollar Share Falls
In August, the ruble assumed a dominant role in payments for imports from Asian countries, marking a record 43.6 percent of transactions, up…