Russia
Russia
The Russian casino industry is seeking to shed the seedy image it had in its early years and is now focusing on a diversified business model.
Russia
President Vladimir Putin provided an update on trade developments since early 2025 during two meetings with the Iranian president.
Russia
The Soviet Union was once considered the ultimate paradise for readers. Today, Russia is also one of the world’s most avid reading nations. Books are inexpensive in the country, although…
Russia
After strong performance in previous years, Russia's economy is losing momentum significantly. Analysts expect only weak growth in 2026 as well.
Russia
As of January 25, the ten wealthiest Russian citizens are ranked between 82nd and 297th.
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BOFIT Analysis of the Russian Economy: Why War-Driven Growth Is Coming to an End and Sanctions Are Increasingly Taking Effect.
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International organizations are lowering their expectations for Russia's economy. Growth will remain near stagnation in 2025 and 2026.
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High interest rates, sanctions, and low oil prices are weighing on Russia's economy. The World Bank and the UN expect only minimal growth in 2025.
Russia
In December 2025, the year-over-year price increase was expected to be just under 6 percent (December 2024: +9.5%).
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However, overall economic output did not rise by 2.5 percent, as the government had originally planned.
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The budget calls for a nominal increase in government spending of about 4% for the coming year.
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While the Berlin-based DIW forecast a 1.5 percent increase in Russia’s GDP, the Munich-based ifo Institute predicted that the Russian economy would grow by only 0.4 percent in 2025.
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On December 2, President Putin further revised downward this growth forecast at VTB Bank’s “Russia Calling!” economic forum.
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Reports are mounting about preparations for negotiations to end the war in Ukraine. What impact would a ceasefire have on the Russian economy?
Russia
The VEB Institute estimates that overall economic output stagnated at a low level (0.0%) in the third quarter.