EU weighs 11th sanctions package to target Russia’s civilian nuclear sector
The European Union is considering extending the next round of sanctions on Russia to explicitly include its civilian nuclear sector. The push…
Strategic Shifts in Russian Energy Trade and Global Price Caps
Saudi Arabia and the United Arab Emirates have begun receiving petroleum products from Russia at notable discounts, a development reported by…
Ukraine’s post-conflict economic outlook and recovery challenges
The hardest stage for Ukraine’s economy may unfold after the fighting ends, when Western backing is expected to wind down. In this scenario,…
State Duma Deliberates on Cash Reporting Bill
State Duma Committee Signals Stance on Cash Reporting Proposal The State Duma Committee on the Financial Market declined to back Anatoly…
Yum! Brands exits Russia: KFC sold to Smart Service with staff preserved
Yum! Brands has completed its withdrawal from the Russian market by selling its KFC operations in Russia to Smart Service Ltd., a local…
Inflation Pathways and Digital Payments: Russia’s Bank in Focus
Further easing of currency restrictions is not anticipated to a large extent, though small adjustments remain possible. This was announced on…
Bank of Russia Aims to Boost Housing in Small Towns
The Bank of Russia is advocating a shift in housing policy that favors development in smaller towns over rapid expansion in larger cities.…
KoMeta: Sber’s Metaverse Lab for Young Entrepreneurs
Sber is debuting Russia’s first educational venture designed for metaverse entrepreneurs, called KoMeta. This initiative was announced by the…
Inter RAO’s Historic Power Link to Kyrgyzstan and Market Context
Inter RAO, the Russian operator responsible for importing and exporting electricity, recently marked a historic milestone by initiating power…
Oil price cap enforcement and potential evasion involving Pacific ports
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has signaled concerns that the oil price ceiling imposed by Western…