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News

30.08.2025 16:20:00

Moscow and Beijing near full “de-dollarization” of bilateral trade and economic ties

The shares of the US dollar and euro in the Russian-Chinese bilateral trade turnover transactions and calculations have long practically dropped to the level of so-called “statistical error margin” ...

Source: The Kremlin, The Russian Government

 

28.08.2025 18:45:00

Russia's budget deficit in H1’25 pegs at 3.4% of GDP, doubles previous forecasts

This deficit doubles the Russian Finance Ministry’s preliminary estimate for H1’25 and the expected total deficit for the entire year, projected in both cases, at 1.7% of GDP. 
...

Source: The Russian Government

28.08.2025

Real incomes and salaries up in H1’25 in Russia

The average monthly accrued salary of employees in June 2025 totaled 103,200 rubles, which, compared to the same period in 2024, represented a double-digit increase of 15%. 
...

Source: Rosstat

 

27.08.2025

Russian Government steps up fight against cybercrimes in the country

The second measures package envisages the introduction of legal liability for cyber fraudsters and a raft of stringent additional requirements for banks, mobile operators and money transfers agencies
...