Russia
Russia widens its tax net as war spending drains financial buffers
Mining profits, investment income, online imports and foreign-company assets are targeted as the budget deficit exceeds revised plans.
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Results for “Russia economy”
Russia
Asia
Central Asia seeks US capital but resists the governance conditions it requires
Rubio's visit raised expectations for trade and transport investment, yet weak courts, opaque deals and difficult geography continue to deter capital.
Russia
Mini-Refineries Reveal the Limits of Russia's Fuel Response
The debate over small refineries points less to a viable fuel solution than to the strain on Russia's wartime economic management.
Russia
Putin cites slower Russian inflation while acknowledging signs of labor-market weakness
The Russian president said annual inflation had eased to 8.8 percent by the end of July 2025 and could reach 6 to 7 percent by year-end, while warning that both recorded and concealed unemployment were beginning to rise.
Russia
Russia's services PMI rises to 49 in July but remains in contraction
The decline in services activity eased to its slowest pace in three months, yet new orders fell for a fourth consecutive month and firms continued to reduce employment.
Russia
Russian diplomat portrays US-EU ties as an exchange of military and economic interests
Rodion Miroshnik argued that Europe seeks American military, technological and energy capabilities, while Washington is pursuing European capital, skilled personnel, technology and industrial activity.
China
Beijing Blacklists 14 EU Firms Over 21st Sanctions Package
China has added 14 European Union companies to its export control list in retaliation for the EU's 21st sanctions package against Russia, which targeted Chinese firms. The move restricts the supply of dual-use goods to entities including Rheinmetall, TATRA TRUCKS, and several others across eight EU member states.
Europe
EU expands sanctions on Russian energy, finance and crypto networks
The European Union adopted a 21st sanctions package against Russia, widening restrictions across banking, crypto services, oil revenues, the shadow fleet, military supply chains and trade channels linked to Moscow's war economy.
Russia
US Sets 12.5 Percent Tariff Rate on Russian Imports
The United States has set a 12.5 percent tariff rate on Russian goods under a new trade action that covers 60 trade partners and replaces a temporary global tariff framework introduced in February.
Asia
Indonesia Turns to Russian Crude as Hormuz Disruption Tests Asian Energy Security
Indonesia has received its first Russian crude shipment under a broader import arrangement designed to reinforce national reserves as disruptions around the Strait of Hormuz pressure Asian fuel supply chains.
Russia
Putin Says Energy Attacks Are Aimed at Public Anxiety, Not Strategic Success
Vladimir Putin said attacks on Russian energy infrastructure are intended to damage the economy and unsettle society, but argued that the country's power system has unusually high reserve capacity and can maintain normal operations.