Russia's economy continues to perform poorly with the cost of essential items such as potatoes at record levels.

Russian authorities usually present a united front on policy matters, but high interest rates, hefty budget spending and the efficacy of capital controls have all led to public disagreements in the last few years.

In a bid to isolate Moscow, a new bill in the US Senate threatens to impose 500% tariffs on any country that buys Russian fossil fuels. If implemented as intended, the plan could ravage several EU countries.

Russia's coal industry is facing an existential threat as output continues to plummet amid surging financial losses. Exports of Russian coal have steadily declined since Putin's full-scale invasion of Ukraine in February 2022.

Ukraine’s allies have imposed sweeping sanctions on Russia and its supporters over the full-scale war, but experts say there’s room for more.

Major Russian exporters including Rusal and Gazpromneft have cut the planned volume of commodities like metal and oil products they send by rail, a Russian Railways document seen by Reuters showed, the latest sign of subdued demand as the country's war economy slows.

After delaying an earlier ultimatum, the European Union has passed a new sanctions package against Russia. The sanctions come as a result of Russia rejecting plans for a 30-day ceasefire that the US,

While Russia seems reluctant to pursue peace now, increasing economic and military pressures at home — ranging from supplies of military hardware and recruitment of soldiers, to sanctions on revenue-generating exports like oil — could be the factors that eventually drive Moscow to the negotiating table.

Russia's primary property market is at risk of overheating, the Central Bank has warned. Prices in the sector continue to grow apace, despite high mortgage rates. The primary real estate market refers to the sale of newly built properties directly from developers to buyers.