Russia’s federal budget is being rewritten on the fly. Although the final deficit for 2025 …
Category:
Economics
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Economics
Back to the 1990s: Russians are being forced to choose between overpriced foreign cars and locally assembled scrap metal
by adminThe exit of major foreign automakers from Russia, along with higher recycling fees and rising …
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On Sept. 18, Russia’s automotive giant AvtoVAZ announced plans to shift to a four-day workweek …
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Economics
Bullets over bread: Russia's economy is growing dangerously reliant on military contracts
by adminFrom furniture makers to heavy vehicle manufacturer KAMAZ, hundreds of civilian companies are involved in …
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Economics
Tug of war profiteers: Russia’s military industry is decimating the country’s civilian workforce
by adminAndrey Belousov, Russia’s defense minister Since the start of Russia’s full-scale war in Ukraine, payments …
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The average age of a car on Russia’s roads has reached 16 years. Import substitution …
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Economics
A final countdown: At the current rate, the Kremlin will exhaust its financial reserves within a year
by adminVladimir Putin and Governor of the Bank of Russia Elvira Nabiullina Before his trip to …
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Economics
Robots and migrants: Research shows no evidence for the claim that immigration drags down local incomes or holds back innovation
by adminA global anti-immigration movement is gaining momentum. In the United States, ICE carries out mass …
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Economics
Tax and bomb: Russia tightens the squeeze on its citizens to keep financing the war in Ukraine
by adminSweeping reforms are set to significantly increase the tax burden carried by many Russian citizens. …
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Economics
In the soup: Despite record inflation, the cost of living in Moscow remains comparatively low
by adminPrices in Moscow and other Russian cities have skyrocketed since the start of Putin’s full-scale …