Background

NEWS

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russian Banks Are No Longer Hiding Their Panic over Non-Performing Loans

Corporate lending is growing by about 12% in 2026, but the new figures are not having the expected effect on the russian economy. High interest rates make money too expensive, while businesses are facing shortages of workers and technology. Conditions for exporters are deteriorating. Inflation is forcing the central bank of the rf to maintain a tight monetary policy.
9/30/2026
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Whilst russian Gas Is Becoming Cheaper for China, Taxes and Utility Tariffs Are Rising for russians

The ministry of economic development of the rf has revised downwards its forecast for gas production and exports for 2026–2029. moscow has acknowledged that it will not be possible to quickly replace the lost European market. The kremlin will force russians themselves to foot the bill for the consequences of the war – through higher taxes and utility tariffs.
9/30/2026
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In the Coming Days We Expect Some Good Financial News From Brussels – Address by the President

We are preparing new talks, including on air defense and further support for Ukraine, that will take place this week. I want to thank all our partners who are truly delivering on our agreements and supplying air defense interceptors.
9/30/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Norway will allocate 25 million kroner (EUR 2.3 million) to locate and repatriate Ukrainian children deported by russia, as well as to assist prisoners of war and civilians deprived of their liberty.
9/29/2026
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The Caspian Sea – Polluted by Wastewater, the Black Sea – by Fuel Oil: Does russia Still Have any Clean Seas?

russia has turned its seas into areas of environmental concern. Bacterial contamination caused by sewage has been recorded in the Caspian Sea, whilst the Black Sea continues to suffer from the consequences of a large-scale fuel oil spill following the tanker accident in the Kerch Strait.
9/29/2026
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The kremlin Has Finally Destroyed What Remained of the russian Judicial System’s Independence

De facto, the kremlin is changing the rules in areas where a jury trial could still have given a defendant a chance of acquittal – the russian authorities want to control not only the court’s decision, but also the very mechanism by which it is reached.
9/29/2026
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All Day Today, There Have Been Attacks by “Shaheds”: More Than 120 Drones Already, 90 of Them Jet-Powered – Address by the President

In effect, the Russians have already begun additional mobilization – they are increasing the number of people they recruit through various means.
9/28/2026
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Ukraine and the World –Against russia’s Aggression. Sanctions in Action

EU Member States have agreed on the terms for allocating EUR 6.6 billion to Ukraine from the European Peace Facility.
9/28/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

France has supplied Ukraine with new MICA air-to-air missiles and 30-mm ammunition for Mirage 2000 fighter jets.
9/25/2026
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russia Has Positioned Itself As the Second-Largest Player in the Global Arms Market

According to SIPRI, however, between 2021 and 2025, the volume of russian exports of major armaments fell by 64% compared with 2016–2020.
9/25/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Norway plans to allocate 85 billion Norwegian kroner (about $9 billion) next year to support Ukraine.
9/24/2026
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Wheat Exports from russia Have Plummeted

Back in July, 23 countries were buying russian wheat, compared with 27 a year earlier, but following restrictions on shipping in the Sea of Azov, the situation began to deteriorate rapidly.
9/24/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

For the period January–June, the rf’s federal budget deficit stood at 5.8 trillion rubles. This is 1.5 times higher than the planned figure for the whole year – 3.7 trillion rubles (1.6% of GDP).
9/23/2026
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Central Asia Is Finally Moving Away from russia’s Sphere of Influence Towards Cooperation with the World’s Developed Economies

Whilst kremlin officials continue their public demagoguery about “sovereign Eurasian leadership”, the Republic of Korea has, without undue fanfare, taken the lead in the region.
9/23/2026
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The kremlin Has Forced russian Businesses into Survival Mode

The main blow to the real economy has been the aggressive tax hikes aimed at covering the budget deficit, which could exceed 6 trillion rubles this year.
9/23/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

Ukraine has secured $841 million from the World Bank, backed by a guarantee from the government of Canada. The funds will be used to cover pension expenditure.
9/22/2026
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The EU Is Restructuring Defence Funding in Its New Budget for 2028–2034

The proposed EU Multiannual Financial Framework (MFF) for 2028–2034 provides for a significant increase in defence-related spending.
9/22/2026
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The Crisis in russia’s Industry: Authorities Are Trying to Rescue Struggling Enterprises

Sentiment in russia’s industrial sector is deteriorating. The reason is weak production growth. Enterprises are reporting a decline in consumer interest, scaling back production plans and building up stocks of finished goods.
9/22/2026
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Ukraine and the World – Against russia’s Aggression. Sanctions in Action

The US Department of State has decided to approve a potential deal to sell Ukraine equipment to modernize its air defence systems, as well as related equipment and services, worth approximately $2.68 billion.
9/21/2026
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A Trap and Control Instead of Wages: It’s Time for Migrant Workers to Flee russia

This involves a police-style system under which a foreigner’s stay in russia will be strictly monitored at all levels, following the “home–work–home” principle.
9/21/2026