The Bruegel think-tank has published a set of interactive charts that show very clearly how Russian gas imports to Europe this year are well below the historical average.
Russia’s Central Bank for the first time gave a forecast of a fall in Russian GDP in the third quarter – according to the regulator, the economy may fall by 7%, and inflation will continue to slow down.
A financial crisis has begun in Ukraine. The hryvnia is in free fall. The national bank has ordered exchange kiosks not to display the exchange rate. The government is running a deficit it can’t cover and companies are defaulting on their bonds.
One of Ukraine’s wealthiest men, Oleksiy Vadaturskyi, and his wife, Rayisa Vadaturska, were killed after a Russian strike hit their bedroom in the southern port city Mykolaiv on July 31.
Ukrainian grain has finally left the port of Odesa for the first time since Russia’s full-scale invasion, NV Ukraine reported on August 1.
Zero-carbon housing is a key battleground in combating climate change and global warming, as the residential building sector across Europe has the potential to cut fossil fuel dependency and reduce emissions.
Important day today. There are 17 ships in three Ukrainian ports cleared for grain shipments, of which 10 are ready to go, and it was just reported that the first one has set sail on its way to Turkey and then the rest of the world.
The seasonally adjusted S&P Global Russia Manufacturing Purchasing Managers’ PMI Index was still in the black with 50.3 in July, but down slightly from 50.9 in June.
Kremlin insider is in hospital in a European clinic on life support in a suspected poisoning case, Russian socialite Ksenya Sobchak reported on July 31.
The founder of Russian internet major Yandex, Arkady Volozh, could agree to a new shareholder and management structure for the company in exchange for the Kremlin’s permission to develop some of Yandex assets independently abroad
An attack on a Russian-controlled prison in the town of Olenivka, Donetsk Oblast, killed at least 53 Ukrainian POWs and injured 75 on July 29.
Western car brands are leaving Russia en masse as sanctions cause a critical shortage of components. The Russian government promises that homegrown alternatives will fill the gap, but in the meantime, spiralling prices are causing demand to collapse.
Russian Foreign Minister Sergei Lavrov took to the road this week and toured Africa to build closer ties with non-aligned nations.
The cause of the problem may lie in Russians hoovering up all the available greenbacks.
Saodat Narzieva, the sister of Uzbek-born oligarch Alisher Usmanov, was placed on the EU sanctions list on April 8. An investigation by the Organized Crime and Corruption Reporting Project (OCCRP) linked her to a number of his bank accounts.
Real disposable income of Russians in 2Q22 remained resilient and declined by 0.8% year on year, as against a 1.2% decline seen in 1Q22, and despite a greater fall in real wages of 6.1% in May, according to the latest data from RosStat statistics age
Russia’s GDP contracted by 4.9% year on year in June 2022, according to the data from the Ministry of Economic Development.
Former Mongolian PM criticises own party for lack of transparency about upcoming joint military exercise.
Extreme heat and droughts across several European countries have led to forecasts for this year’s harvests being reduced.
Russia’s industrial output fell 1.8% in June y/y, following a 1.7% decline in the previous month but less than market forecasts of a 5.3% contraction, RosStat reported on July 27.