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The completion of residential housing units reached a post-Soviet record of 110 million square metres. This strong expansion in construction activity was demand-led, stimulated by…
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DOI: 10.1108/OXAN-DB286017
ISSN: 2633-304X
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Geographic
Topical
In its 2023 financial statements, the energy giant reported a loss of RUB629bn (USD7.4bn at the average exchange rate for 2023), an extraordinary reverse compared to the USD17.5bn…
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DOI: 10.1108/OXAN-DB288329
ISSN: 2633-304X
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Geographic
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At first glance, the economic performance observed last year seems impressive. However, the robust growth rate concealed many of the country's endemic economic flaws. Much of the…
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DOI: 10.1108/OXAN-DB285842
ISSN: 2633-304X
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Geographic
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The resumption of inflation is a consequence of soaring domestic demand outstripping supply, especially for war-related goods and services. The CBR is tightening monetary policy…
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DOI: 10.1108/OXAN-DB288814
ISSN: 2633-304X
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Financial flows have all but halted because foreign investment is near-impossible and because capital controls and the risk of asset seizure abroad curb outflows. These dynamics…
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DOI: 10.1108/OXAN-DB271836
ISSN: 2633-304X
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Topical
Operating restrictions on Western firms since 2022 have expanded into expropriation risks over the last year. This month Putin signed a decree to authorise the seizure of US…
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DOI: 10.1108/OXAN-DB287272
ISSN: 2633-304X
Keywords
Geographic
Topical
Russia's banking sector suffered a USD26bn loss in January-June. Russia is shut out of international capital markets and is almost exclusively reliant on domestic investors to…
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DOI: 10.1108/OXAN-DB272967
ISSN: 2633-304X
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Cut off from international financial markets, Russian banks are struggling to make cross-border payments and domestic lending is greatly curtailed. The CBR believes the sector is…
The Russian stock market.