Analyst Highlights Surprising Resilience of the Russian Economy Amid Sanctions
Analyst Gabor Steingart points to a collection of surprising facts about the Russian economy that seem resistant to the suppressive weight of…
Sanctions on Russian Oil: North American Perspectives on EU Policy and Market Impact
The ongoing European Union measures restricting Russian oil and petroleum products shipped by sea, paired with price ceilings on those same…
Uniqlo Eyes Exit From Russian Market as Stores Wind Down
A major shift is unfolding for Uniqlo in the Russian market as the Japanese clothing maker and retailer contemplates withdrawing from the…
US-China Economic Ties Amid Trade Tensions and Strategic Shifts
The United States and China remain locked in a high-stakes economic conversation that shapes global markets. Leading observers argue that the…
Sberbank January Results Signal Steady Profitability and Balanced Growth
Sberbank presented its January performance under Russian financial reporting standards, highlighting a net profit of 110 billion rubles for…
Sberbank to report IFRS results in March; January 2023 shows solid RAS performance
Sberbank is preparing to issue its financial statements under international financial reporting standards (IFRS) at the start of March. A bank…
Putin Reflects on Foreign Brand Exits and Domestic Resilience, Calls for Drone Project
Russian President Vladimir Putin described the exit of global brands from Russia as leaving behind a valuable, if unexpected, legacy. He spoke…
British American Tobacco exits Russia and Belarus by end of 2023, cites strategic realignment
British American Tobacco prepares exit from the Russian and Belarusian markets and outlines future steps British American Tobacco, a leading…
Understanding Russia’s International Reserves and Policy Implications
Understanding Russia’s International Reserves and What They Signify Russia holds a sizable stock of international reserves managed by its…
Henkel to Exit Russia: Timelines, Structure, and Workforce Plans
The German consumer goods company Henkel, known for brands such as Schwarzkopf, Syoss, Fa, and Persil, plans to end its operations in Russia…