Russian Inflation Continues to Rise, Reaching a New Five-year High
In September, Russia's inflation rate reached a new five-year high, putting further strain on the country's economic recovery from the...
Economy
Demand for Food Service Franchises Drops in Russia
Uncertainty about future limitations as a result of COVID-19 has resulted in a significant decrease in demand for restaurant franchises....
Sberbank Becomes Largest Bank in Europe in Terms of Capitalization
Sberbank became the most expensive bank in Europe. Previously, the first place was held by the British HSBC, Russian media...
Annual Inflation in Russia Accelerates to 7.5%
Inflation in Russia by October 4 in comparison with this date a year earlier accelerated to 7.48% in annual terms,...
Five EU countries Call for Investigation into Record-high Gas Prices
According to a joint statement released on Twitter by Bloomberg writer Javier Blas, a group of five EU countries (France,...
Russian Central Bank May Raise Inflation and GDP Forecast for 2021
The Bank of Russia is expected to increase its inflation and GDP forecasts for 2021 at a crucial meeting in...