#Economy

Poverty in Russia — Stereotype, or Fact?

Reading Time: 2 minutes By Janna Johnsen Norwegian mainstream media often talks of “enormous” poverty in Russia. But is it that big, or so different from poverty in Norway? The internatio...

President Santa: New Year Gift to Russian Kids

Reading Time: < 1 minute During a nationally-aired press conference Wednesday, President Putin announced all children under 7 years old will be receiving a presidential payment of 5,000 rubles ($7...

Study: Banks in Good Shape Despite a Perfect Storm of Challenges in 2020

Reading Time: 2 minutes 82% of Russians use fintech services, placing Russia in 3rd place behind China and India

Fuel of the Future and What Awaits the Russian Gas Market in Coming Years

Reading Time: 4 minutes It is a generally accepted fact that gas is the fuel of the near future. Amid growing environmental concerns, a combination of gas and green energy is replacing coal-fired pow...

Russian online economy is booming

Reading Time: 8 minutes By Ben Aris in Berlin November 5, 2020 Russia’s online economy is booming and no one has really noticed. The traditional economy will be badly hurt this year by...

Russian petrochemical major Sibur spearheads digital transformation

Reading Time: 2 minutes By East West Digital News in Moscow November 12, 2020 Russian petrochemical major Sibur has told East-West Digital News (EWDN) it has developed a...