Russians withdraw hundreds of billions of rubles from banks every month, as fear for the economy, payment disruptions, and declining trust in the financial system force more and more people to keep…
Since the beginning of the full-scale invasion, the Kremlin has sought to protect Russians from the consequences of the war in Ukraine, maintaining the impression that wealthy city dwellers live a normal life.
In Lithuania, inflation remains one of the highest in the European Union, but the main reasons for this lie not externally, but within the country. This was stated to “Žinių radijas” by “Swedbank”…
The simplest food products in Russian stores are no longer cheap. Potatoes and onions – the main products in the shopping baskets of many families – have become more expensive in a month and a half…
The Russian stock market experienced the largest sell-off since September 2022 – the Moscow Exchange index fell more than 4.24% in one day. This is slightly more than during…
Last year, nearly 568 thousand Russians declared bankruptcy in Russia – in 97 percent of such cases, they did so on their own initiative. People voluntarily decided to be in…
Official data released on Thursday show that the United Kingdom’s economy slightly recovered in May and grew by 0.1 percent. This was mainly driven by services…
The Estonian economy shows signs of recovery, says Allan Parikas, head of SEB Bank in Estonia.
In the second quarter, China’s economy grew at the slowest pace in more than three years, according to data released on Wednesday. Growth fell short of expectations, despite increased exports, which…
With the Parliament’s approval of the Social Democrat Mindaugas Sinkevičius’s Government program and the new Cabinet starting work, business representatives emphasize its promises to increase the country’s…