Russia

Rosstat reported that CPI grew 0.4% m/m in July, bringing the annualized inflation rate to 3.4% y/y.

bne IntelliNews August 7, 2020

Rosstat reported that CPI grew 0.4% m/m in July, bringing the annualized inflation rate to 3.4% y/y.

FPRI BMB Ukraine: Russia’s “passportization” of the Donbas

FPRI August 6, 2020

Since the spring of 2014, Russia has handed out nearly 200,000 Russian passports to Ukrainians living in the Donbas and Luhansk “People’s Republics.”

Moscow’s Watcom shopping index almost back to normal as shoppers return to Moscow's malls

bne IntelliNews August 4, 2020

Moscow’s Watcom shopping index has recovered almost all of the ground lost during the lockdown in spring as Russian consumers have returned to the top malls in the capital.

FPRI BMB Ukraine: A shaky ceasefire is holding in Donbas for the moment

FRPI BMB Ukraine August 3, 2020

A “comprehensive ceasefire” in Eastern Ukraine that was agreed to last week in Minsk officially started on August 2. There were immediately violations but the number of attacks by separatists has fallen significantly

Russian manufacturing PMI remains under pressure in July

bne IntelliNews August 3, 2020

The headline seasonally adjusted IHS Markit Russia Manufacturing PMI (Purchasing Managers Index) has remained under pressure in July, posting 48.4, down from the 49.4 seen in June, IHS Markit reported on August 3.

Russian startup to bioprint KFC chicken nuggets

EWDN in Moscow July 31, 2020

3D Bioprinting Solutions, a resident of the Skolkovo Foundation Biomedical Cluster, has tied up with KFC bio-print chick nuggets

Russian recruitment platform HeadHunter goes unicorn, cements $1bn valuation

EWDN in Moscow July 31, 2020

Online recruitment platform HeadHunter has sealed its position as a $1bn tech company after a new multi-million dollar share deal confirmed the company’s soaring valuation, reports East-West Digital News (EWDN).

Who are the 33 Russian mercenaries arrested in Minsk?

bne IntelliNews July 30, 2020

More details of the 33 Russian mercenaries arrested in Minsk emerged on July 30. Belarus has accused a Kremlin-linked military contractor of sending 200 fighters to destabilise the country ahead of August 9 presidential elections.

Iran buys six “Caspian Sea Monster” ekranoplans from Russia

bne IntelIiNews July 28, 2020

Ground effect vehicles, or GEVs, often mistaken for planes, fly using lift generated by large wings around four metres above water surface. Technology was originally trialled in 1970s by Soviets. Private investors have given it new lease of life.

Russian President Vladimir Putin has regained his lead in the popularity rankings over Russia’s regional governors

bne IntelliNews July 28, 2020

In March the governors overtook Putin in the popularity stakes with an approval rating of 65 vs Putin’s 63, but since then they have seen their popularity fall by 7pp

Russian consumer confidence crashed in 2Q20, business confidence starts to recover

bne IntelliNews July 28, 2020

Consumer confidence crashed in the second quarter of this year, while business confidence has started to recover after its nadir in May.

One in three Russian companies lost money over the first four months of this year

bne IntelliNews July 28, 2020

The share of unprofitable organisations in Russia in January-May 2020 amounted to 36%. At the same time, the profit of Russian enterprises fell by more than two times, according to Rosstat data.

Turkey’s Armenia, Azerbaijan conflict role should be to “keep itself as far away as possible” says Armenian diplomat as military exercises are announced

bne IntelIiNews July 27, 2020

Ankara attempting to export “very destabilising” presence it has shown in eastern Mediterranean, North Africa and Middle East to South Caucasus says Yerevan’s envoy to Netherlands.

MACRO ADVISER: August in Russia: what could possibly go wrong?

Chris Weafer of Macro-Advisory July 27, 2020

August is the month when more memorable events occur in Russia than in any other month of the year; whether accidents, natural catastrophes or political events.

Russia denies interfering in North Macedonia’s July 15 general election

Valentina Dimitrievska in Skopje July 26, 2020

Election marred by hacker attacks and leaked recordings of conversations among top politicians. Foreign ministry spokesperson says speculation about Russian influence are “absurd” and accuses West of hypocrisy.

Anti-Kremlin protests grow in Russian Far East

bne IntelliNews July 25, 2020

Tens of thousands have demanded the release of Khabarovsk governor Sergei Furgal, arrested this month on murder charges. The appointment of an interim governor has failed to prevent protests from entering their third week.

Russia's CBR makes cautious interest rate cut to 4.25%

bne IntelliNews July 24, 2020

CBR makes cautious quarter-point interest rate cut to 4.25%, against analysts' expectations.

Online piracy on the rise again in Russia in lockdown

bne IntelliNews July 23, 2020

Pirated content was axed by 25% in 2019. However, as the coronavirus lockdown increased the demand for online entertainment, a new wave of pirated content aggregators emerged.

Russian M&A market down to nine-year low in 1H20

bne IntelliNews July 23, 2020

M&A volume in 1H20 was only boosted by the finance ministry's purchase of 50% of Russia's largest bank Sberbank from the Central Bank of Russia for $33.9bn.

White House “paying little attention” to Armenia Azerbaijan fighting says Carnegie analyst

bne IntelIiNews July 23, 2020

Assessment concludes Washington does not see Caucasus as priority. Meanwhile, Iran, Russia and Turkey are filling “vacuum”.

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