Russia sold a record 44 tons of gold: who needed it?
The Bank of Russia has been selling gold from its reserves for the sixth consecutive month to cover the federal budget deficit, which reached almost 6 trillion rubles (67 billion…
The Bank of Russia has been selling gold from its reserves for the sixth consecutive month to cover the federal budget deficit, which reached almost 6 trillion rubles (67 billion…
On July 10, the Central Bank of Russia issued an updated 100 ruble banknote, which features an interesting detail. The banknote introduced in 2022 depicted a stylized map of Russia,…
Over the past four years, Russian authorities have spent 15 trillion rubles (174 billion euros) from the National Welfare Fund, on Thursday in St. Petersburg…
Russian billionaires are experiencing increasing pressure from the state: asset confiscation is destroying business empires and redistributing wealth to more loyal business groups, and anti-corruption lawsuits…
On Wednesday, the pompous Vladimir Putin Economic Forum begins in Saint Petersburg.
In Russia, both in tabloid and “expert” publications, articles have recently been published attempting to instill in the public the idea that the current deadlock in the so-called “…
The largest Russian businessmen transferred 220 billion rubles (2.597 billion euros) of outstanding payments to the country’s budget. Such data is provided by the Russian government portal “…