Economics

Russia took an active part in the recently concluded COP29 climate summit in Baku. Although Russian elites are skeptical about climate change and have no intention of reducing greenhouse gas emissions, …

In the first half of 2024, Russia’s federal statistics agency, Rosstat, reported 13.3 million people living in poverty across the country. Although this is an increase from 2023, it drastically …

2024 has been an incredibly successful year for far-right populists in Western countries. They have achieved shockingly high results in elections across Austria, France, Germany, Italy, Lithuania, Belgium, and even …

U.S. president-elect Donald Trump built his campaign on harsh anti-immigrant rhetoric. He is not an outlier. Many European parties — not only far-right ones — leverage similar sentiments on the …

Since the start of its full-scale invasion of Ukraine, Russia has run a budget deficit, and a draft of the 2025 edition anticipates a shortfall of 1.1 trillion rubles (approximately …

Japanese cars once dominated Russia’s market for used vehicles, holding 90% of the overall share of imports as recently as 2022. Two years later, that number has dropped to 47%. …

Since the onset of the full-scale invasion of Ukraine, prices for everyday goods and services in Russia have almost doubled, with some items seeing even steeper increases. According to calculations …

Big changes may be in store for the European Union: former European Central Bank president Mario Draghi, who once saved the continent from a debt crisis, has outlined an ambitious …

Despite sanctions, Russia’s budget revenues for January–August surged by 56% compared to the same period last year. A clandestine tanker fleet enables the country to continue trading, bypassing the imposed …