Russian households’ inflation expectations for a year ahead edged up in June 2022 and are now close to the levels of August-September 2021, according to the CBR. Consumer confidence has also bounced back from March lows.
If the Russians turned off gas supplies to Europe today, how many days of gas are currently in the storage tanks?
Without Russian gas, the European Union would have to reduce demand by approximately 15%, with big differences between different parts of Europe.
Nuclear is set to make a "comeback," with capacity forecast to double between 2020 and 2050 from 413 GW to 812 GW, the IEA said.
Russia is a globally significant grain producer and exporter, but the Russian dacha, or summer house, still produces the lion’s share of vegetables and potatoes.
The effects of the Russian war of aggression are gradually beginning to be seen more widely in the Russian economy.
A Russian court ordered the Caspian Pipeline Consortium to suspend activity for 30 days after the Kazakh president pledged to help Europe restore its energy supplies.
Europe’s nuclear power sector is starting to worry about its fuel stocks as Russia’s invasion of Ukraine is calling into question the security of uranium supplies and processing services provided by Russia.
Less than 5% of German companies have decided to leave the Russian market as a result of the war, as other foreign brands quit Russia en masse.
Pockets of weakness persist in emerging markets where real interest rates are deeply negative – and risks for those countries are rapidly mounting.
With no end to the Ukraine war in sight, spiralling inflation is set to drag down growth across Emerging Europe in the second half of 2022 and into 2023, wiiw’s latest forecasts say.
Rostec, a state corporation that comprises more than 700 enterprises in the fields of defence and technology, announced in June it has developed a blockchain platform to provide a “real alternative to SWIFT in international settlements.”
A lot of rhetoric last week and several summits, but President Vladimir Putin's rhetoric has changed; he has gone from demanding the de-nazification of Ukraine to talking about the security of the Donbas. Is he signalling he is open for talks?
Natural gas storage tanks in Europe were 60% full on July 4 as non-Russian supplies of gas appear to have surged in the last weeks. Europe is still on target to reach its target of tanks 80% full by October but a lot of uncertainty remains.
Dushanbe has asked for EU financial and technological assistance to complete the construction of the world’s tallest dam that will make the country self-sufficient in electricity.
Global efforts to combat climate change are being endangered by the global COVID-19 pandemic, the war in Ukraine and the current energy crisis.
Germany’s opposition to expanding nuclear power could be changing slowly, as the current gas crisis leads to more voices calling for an end to the closure of nuclear power plants.
The Ukrainian War is no laughing matter, but the Russians are doing their level best to make it funny. Coverage of the war is extensive, but observers have overlooked the comedy inadvertently provided by the Kremlin.
A group of about 250 Russian investors is preparing a class action against VTB after their investments in foreign stocks were effectively seized by the Kremlin-controlled bank, bne IntelliNews can reveal.
Western sanctions for Russia’s military invasion of Ukraine could force two Russian oligarchs, Vladimir Potanin and Oleg Deripaska, to end the longest conflict in Russian corporate history and instead merge their respective metals giants.