Following President Trump’s announcement of a “liberation day” from what he termed the “unjust exploitation” of America by its friends and partners, the global economy — and the U.S. most …
Economics
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- Economics
The golden billionaires: Inside Russia's fierce economic competition for limited wartime resources
by adminNominally, Russian billionaires have never been as wealthy as they are in 2025. However, adjusted for inflation, their fortunes are significantly lower than they were before the war and dramatically …
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Russia’s wartime labor market presents a paradox: despite record-low unemployment and a shortfall of nearly 2 million workers in manufacturing alone, companies are laying off staff. While some sectors have …
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Hush Naidoo Jade, Unsplash Potato prices in Russia have stabilized, and officials are reporting the end of the “potato crisis.” Yet the tuber has yet to become affordable again, and …
- Economics
Feast and famine: Russian banks book record profits amid coal mining collapse and wage arrears in construction sector
by adminProfits and losses across Russian industries vary widely by sector, according to the early data from 2025. Not only has the overall “profit pie” shrunk, but what’s left of it …
- Economics
Slow but steady: Warren Buffett became the world’s wealthiest investor while ignoring the American economy’s most profitable trends
by Anna CooperAmerican billionaire Warren Buffett, one of the five richest people on the planet, has announced his resignation as CEO of Berkshire Hathaway, the investment firm he led for 60 years. …
- Economics
Two sides of the same ruble: The Russian currency’s recent strength isn’t likely to last — and it’s already hurting the country’s economy
by Anna CooperThe ruble has been strengthening for six months, and neither falling oil prices nor an economic recession have managed to knock it off its present trajectory. The rise is being …
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Profits and losses across Russian industries vary widely by sector, according to the early data from 2025. Not only has the overall “profit pie” shrunk, but what’s left of it …
- Economics
TV vs. Refrigerator: Officials claim inflation in Russia is under control, but staple food prices tell a different story
by Anna CooperDespite official claims that inflation in Russia is under control, prices for many everyday essentials have doubled — an especially heavy blow for the country’s poorest. While headline inflation continues …
- Economics
Safe haven to sinking ship: Mortgage subsidy cuts spark housing market slump in Russia
by Anna CooperThe end of Russia’s subsidized mortgage program has led to a sharp decline in home sales and new construction. Yet prices remain stubbornly high: property owners and developers are staying …
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