The Russian government has announced a significant expansion of its Special Economic Zone (SEZ) regime to cover the entire territories of three border regions: Bryansk, Belgorod, and Kursk oblasts. This…
Russia’s National Wealth Fund (NWF) experienced a notable decline during July 2024, primarily driven by the revaluation of its underlying assets rather than direct withdrawals. The sovereign wealth fund, which…
The number of currency law violations committed by Russian citizens holding foreign bank accounts has decreased notably in recent periods, according to official statistics and expert analysis. This trend reflects…
Russia’s Ministry of Economic Development has announced ambitious plans to synchronize electronic commerce legislation across all member states of the Eurasian Economic Union (EAEU). The initiative signals a significant step…
Armenian Prime Minister Nikol Pashinyan has made his first appearance at the Eurasian Economic Union (EAEU) council meeting in over eighteen months, marking a significant moment in the country’s complex…
A significant portion of Russian businesses are experiencing mounting challenges in their supply chains, with approximately 25 percent of companies reporting worsening conditions for raw material procurement during the second…
Economic analysts are projecting modest industrial output growth for the third quarter of 2024, as manufacturing companies continue to grapple with persistent challenges in sourcing components from international suppliers. The…
The Federal Reserve has concluded what many analysts are calling its most suspenseful policy meeting in recent memory, deciding to maintain the benchmark interest rate at 4.25-4.50%. Despite mounting pressure…
Russian citizens are facing a significant shift in their financial outlook as economists predict a marked slowdown in real income growth for 2026. According to recent analyses, the deceleration is…
The head of Russia’s Federal Tax Service (FTS) has announced that value-added tax (VAT) revenues have increased following the recent hike in tax rates, defying earlier pessimistic forecasts about the…
