on16.10.2025 Russia readies draft bill to partially suspend double taxation agreements with unfriendly states The Russian government is moving to draft legislation aimed at partially suspending double taxation agreements with countries deemed… Discover More
on16.10.2025 Minimum Wage Rules and Penalties in Russia: Overview and Implications Russian employers who pay their workers less than 19,242 rubles per month face penalties that can reach up to 100 thousand rubles. This rule… Discover More
on16.10.2025 Gazprom’s September Gas Output Rises as China Demand Supports Recovery Gazprom reported a 2.5 percent rise in its September gas production, reaching 48 billion cubic meters. The uptick followed stronger exports to… Discover More
on16.10.2025 Incomes Rise Faster Than Inflation, Signs of Real Wage Growth New figures on earnings put citizens in Russia in a favorable light, with real incomes climbing faster than the pace of price increases. The… Discover More
on16.10.2025 EU sugar quotas, Ukraine exports, and cross-border trade dynamics German Member of the European Parliament Peter Jahr highlighted a striking imbalance in sugar trade between Ukraine and the European Union,… Discover More
on16.10.2025 Mortgage Application Realities: Why Banks May Reject a Home Loan A bank may turn down a mortgage if the information about the borrower and the property is incomplete or unreliable. Maxim Semov, who chairs… Discover More
on16.10.2025 Russian Ministry of Finance Reaffirms No 2023–2024 Tax Rate Increases for Personal Income and Excess Profits The Russian Ministry of Finance has stated that there will be no increase in personal income tax rates and no reintroduction of the excess… Discover More
on16.10.2025 Card Access for Foreigners in the Near Abroad: Kazakhstan, Belarus, Armenia, Kyrgyzstan, and Türkiye The National Bank of Kazakhstan intends to stop issuing bank cards to foreigners who lack a temporary or permanent residence permit. The… Discover More
on16.10.2025 Russia Returns to Base Oil Price Rule for Budget Calculations Russia Reinstates Base Oil Price Rule at 60 Dollars per Barrel for Budget Calculations Russian President Vladimir Putin has enacted a law that… Discover More
on16.10.2025 Federal Antimonopoly Service Considers Regional Tariffs to Curb Grey Mining The Federal Antimonopoly Service of Russia is considering a new approach to regional electricity tariffs. The plan would set different tariff… Discover More