Economics

American 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. …

The 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 …

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 …

The 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 …

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 …

Nominally, 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 …

Last year, Russian investors rented fifteen coal mines in occupied eastern Ukraine. After proving unprofitable, nine of them are now being returned to the authorities of the so-called Donetsk and …

Russia’s oil and gas revenues have already fallen by 10% — and that may be just the beginning. Oil prices are sliding amid fears of a global economic slowdown triggered …

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 …