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BUSINESS10h agoRussian banks fear massive fines after unprecedented surge in court bailiff inquiriesRussian banks received millions of requests for information about debtors from the Federal Bailiff Service (FSSP) over three days between September 18 and 21, an unprecedented volume, the National Financial Market Council reported.Meduza [en]
BUSINESS10h agoIMF lowers forecast for Russia’s economic growthThe International Monetary Fund has lowered its forecast for Russia’s economic growth to 0.9% in both 2026 and 2027. The updated forecast, released on October 13, is down from its July projection of 1.1% for each year.Meduza [en]
BUSINESS11h agoDiesel futures jump, signaling higher prices to come despite Trump’s Russia deal“Absolutely stunning price spikes in wholesale diesel today,” a top energy analyst said.NBC News
BUSINESS11h agoRussian telecom giant Rostelecom offers smaller internet providers relief from surveillance costs. In exchange, it wants their customers — and most of their revenue.Russia’s largest nationwide telecommunications operators, Rostelecom and TransTeleCom, have begun offering small regional providers service agreements under which the providers would hand over their infrastructure and subscriber bases, Kommersant reported after reviewing the presentations.Meduza [en]
BUSINESS17h agoEurope paid Russia $209bn for energy since 2022, far below Moscow’s $320bn claimThe European Commission pushed back against what appear to be inflated claims by Russia — and the United States — regarding the bloc’s spending on Russian energy since 2022.EuroNews [en]
BUSINESS23h agoRent spikes in Georgia and Armenia as Russians flee fearing mobilisationMonthly rents in Yerevan now run to €800–900 for a two-room flat, up 23.5% year on year in August, while Tbilisi rents have stabilised after 60–70% jumps following the full-scale invasion of Ukraine in 2022. Russian nationals account for 72% of all foreign property transactions in Armenia.EuroNews [en]