The Russian economy is transitioning, with economic pressures such as inflation, moderate growth and sanctions all contributing to a dampened performance in 2025. However, this is partially offset by significant infrastructure building, high military related output, and increasing foreign reserves and industrial progress in key economic areas. It is also diversifying beyond energy to include new vital technology-driven sectors. Get vital data on Russia’s economy for business decision-making. Analysis of macroeconomic trends, investment climate, and economic policies impacting your operations and investments in the country.
On Tuesday, January 20, Russia’s Foreign Minister Sergey Lavrov convened his traditional annual press conference in Moscow to review the performance of Russian diplomacy in 2025 and set out the foreign policy and economic agenda for 2026. At this event—attended by hundreds of journalists—Lavrov emphasized that the diplomatic focus is no longer solely about geopolitical […]
The St. Petersburg International Mercantile Exchange (SPIMEX) is preparing for trading in platinum bullion, SPIMEX president Igor Artemyev has stated, and is collaborating with Norilsk Nickel on the matter. The Russian Ministry of Finance also has a specific interest in organizing the trading, though legislation will be required to permit such trade. Artemyev said, “We […]
Moldova has launched the procedure for officially withdrawing from the Commonwealth of Independent States (CIS), Foreign Minister Mihai Popsoi has said. The CIS was formed in 1991 after the collapse of the USSR to promote cooperation regarding economic, political, and security issues among the former Soviet republics. It currently includes Armenia, Azerbaijan, Belarus, Kazakhstan, Kyrgyzstan, […]
The new threats by US President Donald Trump to place an additional 25% tariffs on European exports entering US markets emphasize just how naïve European politicians have been when it comes to international diplomacy and foreign affairs. In threatening such measures should the EU (and specifically Denmark) do not agree to cede Greenland to the […]
The Moscow Arbitration Court has granted the application of the Central Bank of Russia (CBR) to consider the regulator’s lawsuit against the Belgian depository Euroclear for €200 billion in a closed court session. The decision was confirmed on Friday (January 16). A statement issued by the bank read, “The Central Bank of Russia requests to […]
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In 2025, Russia-China trade entered a new and more complex phase. After four consecutive years of uninterrupted expansion, bilateral trade turnover declined for the first time since the covid pandemic in 2020. According to Chinese customs data cited by Russia’s Trade Representative to China Alexey Dakhnovsky, two-way trade fell by 6.9% year-on-year, reaching US$228.105 billion. […]
Aleksandr Zamyatin, the head of the strategic projects implementation direction at JSC GLONASS, has stated that growth of 20-30% in the Russian drone market sector will be achieved due to the “Russification” of equipment and the appearance of competent domestic services. The Russian unmanned aviation market in 2026 may exceed ₽40 billion (US$508 million), demonstrating […]
Predictions of the collapse of the Russian economy have been ongoing now for over a decade, with statements continuing to be made that this event is shortly to occur. Why do these statements continue to be repeated, and what is driving such beliefs? When sanctions were originally imposed upon Russia back in 2014 – a […]
U.S. President Donald Trump has renewed his threat of imposing punitive tariffs of up to 500% on countries such as India, China, and Brazil that continue to import Russian crude oil. While the announcement has generated immediate political noise, it has thus far resulted in limited economic shockwaves. Trump’s decision to “greenlight” legislation threatening 500% […]
As the United States has aptly demonstrated, the global world order is changing and is in the process of being remade into new alliances—both in terms of political and military pressure, with the latter now being utilised to enforce the former. Yet the current position Washington is taking—with assets close to its own territory as […]
Bilateral trade between Russia and China is expected to reach slightly above US$220 billion by the end of 2025, despite the market-driven adjustment currently affecting trade indicators, the Russian Ambassador to China, Igor Morgulov has said. He was addressing faculty members and students of the Renmin University of China, and stated “At present, due to […]
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