Category: World

A member of the board of Russia’s main business association urged on Thursday for the establishment of vocational training centers in allied nations such as India to mitigate the country’s escalating labor shortage. Andrei Komarov, affiliated with the Russian Union of Industrialists and Entrepreneurs, suggested that foreign workers be trained explicitly for the Russian labor […]

On Tuesday, the Russian Embassy in Sweden reported that an unknown drone had dropped paint on the premises of its trade mission in Stockholm during the night. According to a statement from the embassy, “The drone flew over the area and released a bag of paint in front of the main entrance to the Trade […]

The St. Petersburg International Economic Forum (SPIEF), Russia’s premier event for business and investment, commenced on Wednesday with a persistent emphasis on fostering a “multipolar” world amid Russia’s estrangement from Western nations. Following Russia’s invasion of Ukraine in 2022, the perception of SPIEF as the “Russian Davos” has diminished, attributed to a notable decline in […]

Sergei Tikhanovsky, the leading opposition figure in Belarus who has been imprisoned, was unexpectedly released on Saturday along with over a dozen other political detainees, an event celebrated as a “symbol of hope.” His wife, Svetlana Tikhanovskaya, who stepped into the opposition’s role following his imprisonment, expressed gratitude to the United States for facilitating the […]

The CEO of one of Russia’s largest steel manufacturing companies has issued a warning regarding potential cuts in production and shutdowns in the nation’s steel sector, attributing these concerns to a strengthening ruble and elevated interest rates that are hindering demand and profitability. The steel sector, which employs over 600,000 individuals and contributes approximately 10% […]

Alexander Platov was incarcerated for the murder of his wife when an unexpected chance came his way. In 2022, he was recruited by the Wagner mercenary group to participate in Russia’s invasion of Ukraine in exchange for a pardon. Half a year later, he regained his freedom. However, struggling to adapt to life outside prison, […]

The Russian Defense Ministry announced early Thursday that its air defense systems successfully intercepted 85 Ukrainian drones overnight into the morning. Initially, the military reported the destruction of 81 drones between Wednesday evening and 6:40 a.m. Moscow time, later revising this number to include four additional drones that were intercepted over the regions of Rostov […]

A woman residing near the Ukrainian border in the Kursk region of southwestern Russia passed away in the hospital a day after sustaining injuries from a Ukrainian drone strike, regional officials reported on Tuesday. Acting Governor Alexander Khinshtein disclosed late Monday that the 48-year-old woman was milking a cow in the village of Goncharovka when […]

Russian consumers are increasingly replacing basic food staples with vegetables that were once considered affordable, as soaring food prices and dwindling household budgets take their toll. Potatoes, a dietary staple in Russia for many years, exemplify this trend, with their average retail price soaring by 173% year-on-year by the end of May—representing the most significant […]

The CEO of Sberbank, German Gref, remarked on Friday that the interplay of elevated interest rates and an overvalued ruble is creating a “perfect storm” that could hinder investment and negatively impact Russia’s economic growth over the coming years. “We are confronted with a significant array of challenges that we can describe as a perfect […]