Stay updated with breaking news from Igor Lipsits. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Russia's economy could face a serious slump after the country's March presidential election — in which incumbent Vladimir Putin is expected to win.
A complex compensation mechanism for fuel companies, currency devaluation, increased demand due to the war, logistics disruptions, and stuttering production growth have combined to trigger price rises and deepening shortages at home in the Russian energy market. That is a real risk for the war in Ukraine.
A complex compensation mechanism for fuel companies, currency devaluation, increased demand due to the war, logistics disruptions, and stuttering production growth have combined to trigger price rises and deepening shortages in the Russian energy market.
Today's news: A Norwegian mountain climber has been criticised for not rescuing a sherpa. China's economy continues to falter. In Myanmar, a woman who ran charities is rearrested. India wants to revise the colonial-era criminal laws. Russian university offers one of its professors a dishwasher contract.
"People don't like depending on banks. Having cash means you have money," an economist told the Novaya Gazeta.