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…

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.

Massive military expenditures have split Russia’s economy into an overheated defense industry and a stagnating civilian sector,…