Russian economy

‘Exceptional’ Russian harvest lowers global wheat prices – FT
Business

‘Exceptional’ Russian harvest lowers global wheat prices – FT

The country is expected to export nearly 50 million tons of the grain this year ©  Sputnik/Alexandr Kryazhev Wheat prices…
Putin wants ‘high-wage economy’
Business

Putin wants ‘high-wage economy’

Real incomes in the country rose 10.5% year-on-year in July, according to the president Russian President Vladimir Putin chairs a…
Russia to become self-sufficient in ‘critical’ mineral
Business

Russia to become self-sufficient in ‘critical’ mineral

The country plans to extract 45,000 tons of lithium annually, a Rosatom representative has revealed ©  Sputnik/Alexandr Kryazhev Russia is…
Western sanctions hurting Russian expat pensioners – RBK
Business

Western sanctions hurting Russian expat pensioners – RBK

Foreign banks are withholding money transfers from Russia, the news outlet reports ©  Sputnik Russian pensioners living abroad are unable…
Russia restricts fuel exports
Business

Russia restricts fuel exports

The suspension is temporary and covers cross-border sales of gasoline and diesel © Getty Images / Maksim Safaniuk The Russian government…
Russia names countries admitted to foreign exchange market
Business

Russia names countries admitted to foreign exchange market

The government has approved a list of states whose bankers and brokers can now take part in currency trading in…
Moscow unemployment lowest among G20 megacities – official
Business

Moscow unemployment lowest among G20 megacities – official

The jobless rate in the Russian capital was 2.2% in 2022, according to the city’s deputy mayor © Sputnik / Vladimir…
Russian real estate investment booming – report
Business

Russian real estate investment booming – report

The volume of transactions with foreign investors has already exceeded the total for 2022 FILE PHOTO: Residential complex ‘Zilart’ in…
Russia reveals main source of profits after oil and gas
Business

Russia reveals main source of profits after oil and gas

Food exports have become crucial for the country’s budget, customs data shows © Getty Images / Frolova_Elena Russian food exports are…
Russia has recovered from sanctions pressure – Putin
Business

Russia has recovered from sanctions pressure – Putin

The country has successfully withstood unprecedented restrictions against its economy, according to the Russian president © Sputnik / Natalia Seliverstova Russia’s…
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