Russia’s Northern Sea Route Development Plan Expanded
Russian President Vladimir Putin outlined a clear vision for advancing the Northern Sea Route in collaboration with international partners. He…
FAS to Update Advertising Law for Digital Channels
The Federal Antimonopoly Service is moving to draft amendments to the advertising law by year-end to cover distance selling and other forms of…
Elon Musk Signals Short-Term Economic Pressure, Long-Term Tesla Confidence
Elon Musk, the prominent American entrepreneur who leads Tesla, SpaceX, and previously led Twitter, addressed shareholders with a candid…
Rasht-Astara Railway: Expanding North-South Trade Corridor
The Rasht-Astara railway project, linking Rasht in Iran with Astara in Azerbaijan, is positioned to shorten transit times for goods along the…
France moves to bring forward talks on food prices
France signs a move toward earlier talks on food price reform Representatives of the food sector in France are set to meet with retailers…
Russia reports 2.3% inflation over the year to May 2023 as price trends ease
At a government videoconference, Russian Prime Minister Mikhail Mishustin provided an update on price growth, noting that the annual inflation…
Russia Sees Notable Wage Growth Amid Inflation Watch
During a recent meeting between Russia’s Prime Minister and President, the premier reported a continuing rise in wages. He noted that…
Economic Update: Russia Sees Income Growth and Lending Momentum
Maxim Reshetnikov, who leads Russia’s Ministry of Economic Development, indicated that the trajectory of household income in the country has…
Restaurant fee proposal aims to fund military operation support
Officials from the Communist Party of the Russian Federation, Mikhail Matveev and Vyacheslav Markhaev, introduced in the State Duma a proposal…
Expanded view on UK household payment pressures (FCA study)
A recent UK-wide assessment shows a rising strain in household finances during the winter of 2022–2023. By January 2023, around one in five…