Russian Business Press, in English
374 briefs
Real Estate Without Keys: Russia’s Wealthy Shift to Closed-End Property Funds
Falling rates are reviving property investment, but wealthy Russians increasingly use closed-end real estate funds for s...
Krasnodar Set RPL Scoring Record as Spartak Held and Lokomotiv Suffer Worst Start
Round 6 ended with Krasnodar on 18 points and a club-record scoring run, Spartak drawing Orenburg 1-1, and Lokomotiv set...
Russian Audit Chamber Flags Subcontracting and Non-Competitive Deals in Heritage Restoration
A review of 2022–2025 state contracts found the Ministry of Culture's restoration arm handed nearly 78% of work to subco...
Merz Weighs Sanctions and Diplomatic Expulsions After Leipzig Drone Find
Chancellor Friedrich Merz is reported to be weighing Germany-specific sanctions, diplomat expulsions and the closure of ...
From $6,000 to $32,000: Guyana's Oil Boom Meets the Resource-Curse Test
Guyana's GDP per capita has jumped from about $6,000 to more than $32,000 since offshore oil production began in 2019. T...
Russia Launches Fast Broker-to-Broker Securities Transfers as VTB Leads
A new NSD-backed service goes live on 1 September, cutting portfolio moves from weeks to minutes and giving first-mover ...
Iceland Rejects Resuming EU Accession Talks, Deflating Brussels' Northern Ambitions
Iceland's voters said no to reopening EU membership negotiations by 52.8% to 47.2%, leaving Reykjavik's application froz...
US-Venezuela Oil Deal: 65 Billion Barrels, a 35% Stake and Big Execution Doubts
The announced agreement would give Washington preferential access to Venezuela's largest oil fields, but sanctions, a $1...
Putin and Lukashenko Pledge Deeper Union State Ties as Trade Hits $52 Billion
The two leaders touted record trade and closer microelectronics cooperation, but framed the Novo-Ogaryovo talks as a rev...
Russian Business Lobby Seeks Tax Relief on Drone-Defense Spending
RSPP proposals to the cabinet would let companies treat counter-drone costs as non-operating expenses and offer co-finan...
Turkey Says It Has Received No US Directive to Cut Economic Ties with Iran
Ankara has had no official guidance after Washington launched its “Economic Outcast” campaign against Iran, while UAE, P...
Bank of Russia Proposes Doubling Cash Payout Limits for Microfinance Lenders and Quadrupling for Pawnshops
A draft central bank rule would raise cash-desk issuance limits for MFOs, pawnshops and credit cooperatives, while leavi...
Yandex Set to Launch AI-Powered Mobile Operator Backed by Beeline
The app-store rollout points to an Aug. 28 launch for Yandex SIM, a Medium MVNO running on Beeline's infrastructure and ...
European Gas Storage Hits 61.37% as Injection Rates Trail Five-Year Average
GIE data show EU gas storage at 61.37% on Aug. 17, 17.06 points below the five-year average, with August LNG imports for...
Moscow Exchange to Launch Perpetual Bitcoin and Ether Index Futures in September
Moscow Exchange will add perpetual futures on bitcoin and ether indices in September, plus about 20 US stock perpetuals,...
European Gas Prices Rise 1% to $727 on Middle East Risk
Front-month TTF futures traded at $726.50 on ICE Friday evening, up 0.9% from a $720 settlement, as Middle East conflict...
Yuan Hits 12.5 Rubles on Moscow Exchange in Third Straight Weekly Gain
The Chinese yuan ended the week at 12.54 rubles, a high since March, as CBR data showed a sharp drop in exporter FX sale...
Experience Economy: Why Spending Is Shifting From Things to Memories
Global spending on travel, concerts and cultural events is outpacing purchases of goods, with growth reported from China...
How to Choose a Russian Residential Property That Actually Holds Value
Residential property can be a stable long-term asset, but not every flat beats inflation. The key is location, entry pri...
Russia’s Halal Fintech Push: Digital Sukuk From Dagestan to Dubai
Russian banks are piloting Sharia-compliant digital financial assets—tokenised sukuk, halal accounts and AI screening—wh...
Dushanbe Detains 10 Suspects Over Deliberate HIV Infections Amid Global Funding Squeeze
Tajik police say more than 60 people may have been exposed in a deliberate HIV transmission case, as UNAIDS warns of ris...
Lokomotiv Held 1-1 at Orenburg and Still Chase First Win
Alexei Batrakov put Lokomotiv ahead early, but Orenburg equalised through Andrei Kasadzhikov and then missed a penalty a...
Russia Rises to Third at European Aquatics Championships After Five-Medal Friday
Evgeniya Chikunova won the 200m breaststroke and Russia's mixed 4x100m freestyle relay took gold in Paris, lifting the t...
Samara Court Removes KPRF Incumbent Matveev from Duma Ballot
Samara's regional court has struck KPRF incumbent Mikhail Matveev from the State Duma race in district No. 163 after a r...
South Korea's President Calls for Talks to Replace Armistice With a Peace System
Lee Jae-myung used the 81st liberation anniversary to urge dialogue with Pyongyang, saying Seoul respects the North's sy...
Lithuanian Truck Ownership Rights Survive Belarus Storage Deadline, Lawyer Says
A Moscow-based international law expert says expiry of Belarus's special-parking deadline does not strip Lithuanian owne...
Russian Lawmaker Calls NASA Map With Crimea as Russian an 'Indisputable Fact'
A Russian State Duma deputy seized on a NASA livestream map that showed Crimea as Russian territory, though the same gra...
Moscow Exchange Outlines Two-Year Path Toward Near 24/7 Trading
MOEX will first end weekend maintenance halts, then gradually align weekend and weekday sessions, with the full transiti...
Russian Stocks Flat as Oil Rally Offsets Ukraine War Gloom; HeadHunter Jumps on Dividend
MOEX and RTS barely moved on Aug. 14 as higher Brent and HeadHunter's dividend news competed with geopolitical drift; an...
Is a New Global Financial Map Forming? IMEMO’s Vladimir Milovidov on Gold, the Dollar and Sanctions
An Interfax interview with economist Vladimir Milovidov argues global finance is fragmenting in limited but visible ways...
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