Valeria Novoselova

The federal budget deficit for 2027 may rise from the planned 1.5% to 2% of GDP. Experts assess the outlook for oil and gas revenues, tax income, financing options through OFZ bonds and the National Wealth Fund, as well as the impact of fiscal policy on the Central Bank's key rate decisions.

Trump has signed legislation imposing secondary sanctions: tariffs of up to 100% on goods from countries that import Russian oil and gas. How this will affect China and India.

An analysis of new American sanctions against Iran: how Operation Economic Pariah affects trade with China, Russia, and other partners. The effectiveness of restrictions and mechanisms for circumventing sanctions.

China is reshaping its energy landscape: coal-fired generation has dropped below 50% as renewables grow at record pace. An analysis of the energy transition in the world's largest economy.

Following attacks on tankers, the CPC has halted oil loading. An expert weighs in on the consequences for Kazakhstan and the global oil market.

Russia's special economic zones are entering a new phase: starting in 2026, strict investment volume requirements will be introduced, with incentives tied to actual capital commitments. An analysis of the effectiveness of 61 SEZs and expert opinions on the reform.

The summer of 2026 shattered all temperature records across Europe. France, Spain, and Switzerland recorded highs of up to 45°C. The economic consequences of the abnormal heat and the death toll.

Breaking down the largest IPO in history: why SpaceX raised $85 billion despite $5 billion in losses, how AI transformed the company's strategy, and what a $2.5 trillion valuation means for the market.

Online drug sales in Russia reached 367 billion rubles, but are approaching a growth ceiling. Why the prescription drug experiment failed and where pharmacy e-commerce is headed.

Russia reinstated its fuel damper zeroing mechanism on May 1. With the moratorium now over, the government is shifting focus from budget support for oil companies to alternative methods of stabilizing the domestic fuel market.

The UAE is leaving OPEC and OPEC+ effective May 1. An expert weighs in on the reasons behind this decision and its implications for the global oil market.

Small towns have been recognized as pillars of spatial development, but their resilience remains fragile and uneven. Without systemic support, they risk being trapped between stagnation and isolated pockets of growth.

Remittances reached $656 billion in 2023, but dependence on migrant transfers hampers development. An analysis of the risks, Russia's role in Central Asia, and strategies for converting transfers into investment.

The Middle East conflict has triggered a 30-40% spike in fertilizer prices. How the Strait of Hormuz blockade is affecting the global planting season, farmers, and Russia's agricultural sector—analysis and forecasts.

Aluminum has surged to $3,300 per ton amid the Strait of Hormuz blockade. How the Middle East conflict is impacting the global metal market, why Europe is in crisis, and what Russia stands to gain from rising prices.

88,000 elevators must be replaced in Russia by 2030. The industry has achieved 80% localization, but replacement costs have doubled, and a specialist shortage is hindering modernization. An analysis of the elevator fleet's condition and upgrade prospects.

The State Duma proposes requiring rental platforms to classify listings and ban anonymous rentals. How the market has reacted and what risks the new regulation poses for business and tourists.

The number of AUSN users doubled in 2025. Experts weigh in on the future of the automated simplified tax system beyond 2027, changing thresholds, and the role of banks and accountants in the new taxation framework.

The platform economy entered a new regulatory reality in 2025. We sat down with Avito's GR Director Dmitry Gavrilenko to discuss how the role of digital platforms in the economy is evolving and which company decisions proved pivotal.

An analysis of Russian retail in 2025: turnover growth to 60 trillion rubles, the shift toward smart consumption, a 9% decline in the electronics market, and corporate strategies for adapting to high key interest rates.

RAM prices have surged 4.6-fold in six months due to a DRAM shortage. The causes of the crisis, its impact on graphics card and smartphone markets, and expert forecasts through 2028.

Analysis of Budget 2026 amendments: preserving tax breaks for the IT sector, phased reduction of the VAT threshold for small businesses, and striking a balance between the state's fiscal objectives and entrepreneurial interests.

Russia's largest banks are demanding a ban on marketplaces offering discounts for payments made with their own cards. We break down the conflict between Sber, VTB, and platforms like Wildberries and Ozon—what's driving the standoff and how it will affect prices.

Natural disasters cause $2.3 trillion in annual damage. How catastrophe bonds and green bonds work, why their market is expanding, and what's happening with these instruments in Russia—a deep dive into emerging climate finance mechanisms.

Rare earth elements have become the strategic resource of the 21st century. How China monopolized the REE market, why the U.S. is searching for alternatives, and what prospects Russia has with its vast rare earth reserves.

An analysis of the situation in Russia's 321 company towns: why 92% are losing population, how the government is investing 234 billion rubles in their development, and what strategies experts propose for transitioning from single-industry dependency to a sustainable economy.

How patent protection impacts drug availability in Russia. An analysis of disputes surrounding Xarelto, Tagrisso, and Ozempic. Compulsory licenses, evergreening patents, and strategies of Russian pharmaceutical companies.

The Moscow–St. Petersburg high-speed rail line: 2.4 trillion rubles in investment, speeds of 350+ km/h, launch in 2028. Analysis of technological challenges, passenger traffic forecasts, and expert opinions on project feasibility.

The Trans-Arctic transport corridor: how Russia plans to increase cargo traffic along the Northern Sea Route to 100 million tons by 2030. An analysis of prospects, year-round navigation challenges, and international partners' interest in the Arctic route.

Prospects and risks of INTC Russky—a technology center in Vladivostok. Plans through 2030, incentives for residents, and expert opinions on its chances of becoming the Far East's answer to Silicon Valley.

Analysis of the Russian cheese market: production has grown to 860,000 tons, imports have fallen to 24%, and prices have risen 15%. A forecast for industry development, key players, and growth factors through 2035.

Analysis of Russia's pharmaceutical market in 2024: domestic drugs reached 75-80% share by volume, progress in generic production, and persistent dependence on imported active pharmaceutical ingredients. Prospects for the Pharma 2030 strategy.

An analysis of inflation's impact on consumer behavior: the rising popularity of private labels and discount retailers, the growth of the 'anti-retail' model, the e-commerce boom, and declining average transaction values on marketplaces.

Putin has floated the possibility of ExxonMobil returning to the Sakhalin-1 project. Experts explain why this is likely a symbolic gesture and which American companies might be first to re-enter the Russian market.

How global markets are responding to the upcoming Alaska summit. Expert forecasts on oil and gas prices, prospects for sanctions relief, and what it means for U.S.-Russia energy relations.