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Russian economy

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  • Saturday, 27 May, 2023
    Europe Express
    Putin’s Potemkin economy Premium content

    Misleading or suppressed official figures make it hard to assess Russia’s wartime economic record but strains are evident

  • Friday, 19 May, 2023
    Wagner Group
    Wagner-linked group buys helmets from China despite sanctions

    Entities connected with mercenary leader Yevgeny Prigozhin continue to frustrate western efforts to choke off supplies

  • Wednesday, 17 May, 2023
    War in Ukraine
    Russia admits ‘problems’ as energy revenues drop

    Finance minister Anton Siluanov tells Vladimir Putin that ‘all these discounts’ are to blame for 50% fall in revenue

  • Monday, 8 May, 2023
    Russian business & finance
    Russia’s energy sector hit as Kremlin forced to increase tax

    Putin raises levies on oil and gas groups after G7 imposes price cap on Russian crude

  • Friday, 28 April, 2023
    European banks
    Euroclear profit soars as payments from Russian sanctions pile up

    European securities depository benefits from sharp rise in interest rates

  • Friday, 28 April, 2023
    Russian business & finance
    Russia’s trapped domestic investors push stock market to 12-month high

    Retail traders turn to dividend payers such as Sberbank and Lukoil

  • Wednesday, 26 April, 2023
    War in Ukraine
    Russia seizes subsidiaries of Finland’s Fortum and Germany’s Uniper

    Kremlin builds ‘compensation fund’ in response to west’s ‘illegal expropriation of Russian assets’

  • Monday, 10 April, 2023
    The FT ViewThe editorial board
    Keeping watch on the Russian oil price cap

    The policy should be made to work better despite its design flaws

  • Sunday, 26 March, 2023
    FT CollectionsWar in Ukraine: economy and trade
    Russia embraces China’s renminbi in face of western sanctions

    Shift away from using ‘toxic currencies’ for trade and reserves accompanies increase in yuan-denominated bank accounts

  • Thursday, 23 March, 2023
    Kazakhstan
    Kazakhstan to step up monitoring of goods re-exported to Russia

    Goods crossing the border surged last year as sanctions stymied Moscow’s access to western markets

  • Wednesday, 22 March, 2023
    Russia alters oil taxes to capture bigger share of trades above price cap

    Kremlin overhaul targets $8bn of additional annual revenue by reducing market ‘discount’ on crude sales

  • Tuesday, 21 March, 2023
    News in-depthRussian politics
    Xi-Putin talks highlight Russia’s role as ‘junior partner’ to China

    Moscow sees trade with Beijing as way to bypass western sanctions and help win Ukraine war

  • Friday, 17 March, 2023
    Russian business & finance
    Sberbank to send record $4bn dividend to Russian state

    Kremlin-controlled lender’s payout comes as profit shrank 80% on western sanctions

  • Sunday, 12 March, 2023
    Martin Sandbu
    It is time to tighten sanctions on Russian state assets

    The west needs to extend its blocking measures to Moscow’s ‘shadow reserves’

  • Tuesday, 7 March, 2023
    Free LunchMartin Sandbu
    Examining Russia’s unsanctioned cash pile Premium content

    ‘Shadow reserves’ from energy earnings undermine restrictions on central bank

  • Wednesday, 1 March, 2023
    Currencies
    Rouble slides to 10-month low as falling energy prices bite

    Russian currency has lost about 20% of its value in gradual decline since start of December

  • Thursday, 23 February, 2023
    War in Ukraine
    Germany to crack down on companies evading Russia sanctions

    Push for tougher EU-wide rules after scale of trade in banned products via third countries is revealed

  • Thursday, 23 February, 2023
    Free LunchMartin Sandbu
    If you want peace in Ukraine, double down on (economic) war Premium content

    There is more — much more — that can be done with sanctions against Russia

  • Tuesday, 21 February, 2023
    Instant InsightTony Barber
    Putin’s ultimate aim is to seal Russia off from the west

    The president’s state of the nation speech shows how domestic repression is closely tied to the Ukraine campaign

  • Tuesday, 14 February, 2023
    FT SeriesRussia in Africa
    Russia’s growing trade in arms, oil and African politics

    Nations welcome the business and investment on the continent but for many diplomatic ties are the priority

  • Monday, 6 February, 2023
    Russia’s budget deficit soars as energy revenues slump by almost half

    Fall in oil and gas sales coupled with sharp rise in defence spending highlight economic damage of Ukraine conflict

  • Sunday, 29 January, 2023
    Russia’s internal struggle over classified financial data

    The Kremlin has justified withholding statistics during wartime but country’s central bank governor is pushing back

  • Friday, 20 January, 2023
    Markets InsightDavid Sheppard
    Putin is losing the energy war

    After weaponising gas supplies, the Russian president is now on the back foot as prices fall

  • Thursday, 19 January, 2023
    News in-depth
    Oil price cap and falling cost of crude worry Kremlin

    Country’s oil and gas revenues surged last year but Putin warns of risk of ‘budget problems’ in 2023

  • Sunday, 15 January, 2023
    Commodities
    Russian fertiliser export revenue surged 70% in 2022 as prices jumped

    Volumes only fell by 10 per cent despite analysts’ predictions of a collapse in shipments after start of Ukraine war

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