Late payments
Labor shortages
Expensive credit and rising prices
The tax squeeze
The government breaks things – IT fixes them
In the fifth year of the war, Russian businesses unrelated to the military-industrial complex have shifted their focus from growth to survival. They are being…
Late payments
Labor shortages
Expensive credit and rising prices
The tax squeeze
The government breaks things – IT fixes them

In a Moscow suburb, shut-down shops and "for rent" signs reveal the creeping toll of Russia's slowing wartime economy.

Russia’s small and medium-sized businesses (SMBs) are shutting down at an accelerating pace as higher taxes, weak consumer demand…

Rising prices and a volatile currency have been among the major domestic economic fallouts of Moscow’s four-year offensive on…

Russians are beginning to feel the economic cost of the war in their household finances, with inflation-adjusted wages and…

Most Russian employers have no plans to raise wages this year, according to a survey by recruitment platform HeadHunter, as…

The Kremlin's commitment to the Ukraine war was in focus this week after the finance ministry released its 2026 draft budget.