There is no shortage of foreign workers in Russia, says government official
There is no shortage of foreign workers in Russia, according to Deputy Prime Minister Tatyana Golikova, who told journalists that there is no…
FAS Expands Probe Into Possible Egg-Price Cartel in Volgograd Region
The Russian Federal Anti-Monopoly Service (FAS) has launched four new cases into what officials describe as an artificial rise in chicken egg…
Asset Exchange Phase Two: Potentially Higher Limits for Russian Investors
The second phase of the program enabling exchanges of assets that are blocked in the European Union and Russia could entertain larger…
Russia’s 2023 GDP Trends: Growth, Debt, and Growth Outlook
An officialeconomic analysis indicates that Russia’s GDP growth slowed to 4.4% year over year in November after 5.1% in October, with overall…
Russia’s Discount Retail Landscape: Attitudes, Brands, and Buying Habits
A clear majority of Russians, about seven in ten, prefer shopping in stores that offer broad assortments at prices below the market average,…
Diamond indices launch at Moscow Exchange improves transparency
On December 27, the Moscow Stock Exchange will begin calculating and publishing four new indices related to diamond trading. This move,…
Sanctions, Stability, and a Shifting Economy: Russia’s Economic Resilience
“We were ready for this to happen.” Central Bank Governor Elvira Nabiullina spoke in an interview with RBC, noting that since 2014, when…
Money Laundering Probe Ties BNP Paribas Unit and Cyprus Broker to Questionable Funds
In June, investigators in France opened a preliminary probe into activities tied to BNP Paribas Securities Services, the largest bank BNP…
Egg Price Surges and Antimonopoly Actions Across Russian Regions
Egg Price Surges Prompt Antimonopoly Actions Across Russian Regions In December, the Russian Federal Antimonopoly Service (FAS) reported a…
FAS urges regional deals with egg producers to stabilize prices in multiple regions
The Federal Antimonopoly Service has urged regional authorities to reach agreements with egg producers to help stabilize chicken egg prices.…