Search results

Prospects for the Russian economy in 2021

Location:

PROSPECTS 2021

President Vladimir Putin has dropped ambitions to lift Russia into the top five global economies and postponed by six years to 2030 his plan to halve the poverty rate. The…

Online sales give rare hope to hard-hit Russian retail

Location:

RUSSIA

After a temporary surge in demand for food in March, monthly retail turnover fell sharply, driven primarily by low sales of durable goods in April-May. Smaller retailers were hit…

Russia extends cheap mortgages to boost construction

Location:

RUSSIA

The explanation lies in a government scheme offering subsidised mortgages, which drew prospective buyers to move faster than they might otherwise have done. While housing demand…

No clear endgame for Kyrgyz war with gold miner

Location:

KYRGYZSTAN

Although tensions around revenue-sharing from the mine have recurred over many years, the government's move to deprive Canada's Centerra Gold of control of KGC (which it owns) and…

Sound finances will help Russia navigate dual shocks

Location:

RUSSIA

The collapse in commodity prices, above all oil, plus the impact of an extended lockdown have depressed Russia's exports, investment and consumption. The economic prospects could…

Bank caution will make Russian firms draw on own funds

Location:

RUSSIA

Financing sources for Russian companies.

Russian economic strategy will mix diverse approaches

Location:

RUSSIA

The Kremlin is open to a range of viewpoints, and various plans are being drafted to avoid stagnation and reignite the growth rates of the 2000s.

Russia adjusts foreign trade to ensure food supply

Location:

RUSSIA

At the retail end, government agencies are trying to ensure supply, regulate prices and curb panic-buying. At national level, food imports are being facilitated and grain exports…

Russia's neighbours must adapt to hosting migrants

Location:

RUSSIA

Fear of being called up has driven men to leave Russia by multiple routes. Kazakhstan and Georgia are popular destinations, reached overland. States that traditionally provided…

Russian government eyes mining firms as new tax source

Location:

RUSSIA

Facing a budget gap formerly filled by oil and gas, the Russian government is proposing new taxes for the mining, oil and tobacco industries. It is considering proposals to triple…