Reflections from our correspondents on the ground in the Russian capital.
June 10, 2020
Its Russia’s cheapest crisis ever and the country is still accumulating cash, despite the coronacrisis
June 3, 2020
The ruble broke back below RUB70 to the dollar this week and was trading at RUB68.48 to the dollar after oil prices briefly touched $40. A predicted rebound in the Russian economy appears to be underway.
May 4, 2020
May 1 marks the end of the first 100 days since Prime Minister Mikhail Mishustin took over at the helm of the Russian government, and if a week is a long time in politics then three months is a geological age.
April 30, 2020
Russia’s budget will be hard hit by the current crisis as GDP could contract by as much as 20% this year, leading to tax revenues drying up. But the Kremlin has a lot of money in the bank. The problem is that it really doesn't want to spend it.
April 24, 2020
Did Russian President Vladimir Putin just screw up in a spectacular fashion? Russia pulled out of the OPEC+ production cut deal on March 6, setting off a downward spiralling of prices that ran out of control