Based on the monthly estimate released by Russia’s ministry for economic development, on-year GDP growth has slowed in recent months, while budget spending is up sharply.
Country dislodges Poland from second spot in Europe for electricity made with coal. Ankara took advantage of lower Russian shipment prices caused by EU embargo.
Only the few remaining allies of the Russian president such as Bosnian Serb leader Milorad Dodik and Moldovan ex-president Igor Dodon welcomed Putin's victory.
There was a large turnout for a public assembly in Almaty held to register opposition to Putin's rule.
Emerging markets will overtake the Western world in terms of the collective nominal size of their economies by 2050, with China and India as the second and third largest behind the US, according to Capital Economics’ long-term forecasts.
Russia’s consumer price inflation in February 2024 accelerated posted 0.68% month on month and accelerated to 7.7% year on year from 7.4% seen in January, according to the latest RosStat data.
European nations within Nato are facing a €56bn shortfall in meeting the alliance's defence spending pledge of 2% of GDP this year, the Financial Times reported on March 16.
European Nato countries are ramping up their defence investments, with plans to collectively spend almost $500bn this year.
LPP fiercely denied the report, which knocked its stock price nearly 36% in one day.
The underlying premise of the summit was to acknowledge that stopping Russia in Ukraine now will come at a much smaller cost than having to stop it later at the EU's gates.
“Life is hard. But at least it's short.” That is an old Soviet joke that plays on the harsh conditions Russians lived under since Tsarist times. Those times changed when Russian President Vladimir Putin came to power.
Russian President Vladimir Putin has declared a sweeping victory in the country's presidential election, after apparently winning 87% of the vote.
Speaking in Moscow on March 17 following the release of presidential election exit polls, Putin broke his silence on Navalny’s death. The president asserted that he had consented to a prisoner exchange involving Navalny just days before he died.
A few brave Russian attempted to protest against the stage manage presidential elections on March 15-17. A video posted on social media showed a woman in Moscow's Otradnoye district pouring a bottle of the green antiseptic zelenka into a ballot box.
No genuine opposition figure has been allowed to appear on the ballot
Writing on Telegram, President Vladimir Putin's close ally published what he called a “soft Russian formula for peace,” comprised of seven points that would see Ukraine pay compensation to Moscow and give up its entire territory.
Speaking to Russia 1, a state-run television channel, Putin emphasises that while a nuclear confrontation is not imminent, Russia is technologically prepared for this potential scenario.
Relentless attacks on Russian refineries have led to widespread disruptions in the nation's energy supply chain.
Netherlands-based Yandex NV, which holds all the non-Russian assets, announced its exit from the Russian market on February 5.