Russia emerges as a top three fintech market

Vladimir Kozlov in Moscow December 12, 2019

Eight out of ten (82%) Russians use some sort of fintech service making it the third most developed market in the world, according to a study by Ernst & Young.

What will Belarus gain from the proposed merger with Russia?

Ben Aris in Berlin December 12, 2019

Russian President Vladimir Putin met with his Belarusian counterpart Alexander Lukashenko on December 7 to try and bring their two countries closer together into a single market modeled on the EU. What will Minsk gain from the deal?

Poland is ready if Russia cuts gas transit to the EU across Ukraine this winter

bne IntelliNews December 12, 2019

Poland is ready if Russia cuts gas transit to the EU across Ukraine this winter, oil and gas company PGNIG said in a statement on December 11.

ING: Russian balance of payments support a stable ruble in the near term

Dmitri Dolgin chief economist Russia ING December 12, 2019

Improvement in the corporate capital flows in November supports a constructive near-term view on the ruble and adds to the list of arguments in favour of a rate cut

MOSCOW BLOG: The life of a beekeeper

Ben Aris in Berlin December 11, 2019

Yuri Luzhkov was mayor of Moscow for nearly two decades and presided over the total transformation of the Russian capital.

The battle for the billions: Russia meets Ukraine in court in dispute over defaulted $3bn Eurobond

Ben Aris in Berlin December 10, 2019

Russia and Ukraine met in court again on December 9 at the start of a hearing to settle an argument over a $3bn Eurobond that Kyiv bought from Moscow in December 2013 under former Ukrainian president Viktor Yanukovych.

Putin and Zelenskiy make a positive start to the Donbas peace talks in Normandy Four talks, but put off the hardest problems

Ben Aris in Berlin December 10, 2019

It was a long and gruelling day for the leaders of Russia, Ukraine, France and Germany who met in Paris in the Normandy Four format for the first time in three years to try and restart the process of bringing an end to the undeclared Donbas war.

Russian Railways teams up with RVC to launch transport tech funds

EWDN in Moscow December 9, 2019

RVC, the Russian state-owned fund of funds dedicated to innovation, and Russian Railways have teamed up to launch to two venture funds for industrial and digital investments, reports East-West Digital News.

Russian Olympic athletes should be allowed to compete under the Russian flag says businessman Alisher Usmanov

Ben Aris in London December 8, 2019

​Russian oligarch and president of the Olympic fencing committee Alisher Usmanov weighed into the doping scandal on December 6, sending a letter to the Olympic committee saying competing under the national flag is a right, not a privilege.

Russia's car sales decline continues in November at 6.4%

bne IntelliNews December 6, 2019

Sales of new passenger cars and light commercial vehicles (LCVs) in Russia continued its decline, decreasing by 6.4% in November 2019, according to the report by the AEB Automobile Manufacturers Committee.

GAZ workers' livelihoods on the line as road trip protestors arrive in Vienna

Ben Aris in London December 5, 2019

The ten GAZ workers on a road trip across Europe to highlight the plight of Russia's second largest car plant arrived in Vienna on December 4 and delivered a letter to the US ambassador to highlight their plight.

Putin accuses Bulgaria of deliberately delaying Turkish Stream

Denitsa Koseva in Sofia December 4, 2019

Russian president claims Bulgaria is under "international pressure" to delay pipeline project, while section via neighbouring Serbia is nearly finished.

Russian messaging services Telegram and TamTam shut down terror group channels after London Bridge attack

Ben Aris in Berlin December 4, 2019

The Russian TamTam messaging service got caught up in the London Bridge terror attack after Islamic State used the little known service to claim responsibility for the attack that claimed the lives of two Londoners.

The price Europe pays for Russian gas fell to its lowest level in 15 years

bne IntelliNews December 4, 2019

The price Europe pays for Russian gas fell to its lowest level in 15 years, according to Russian national gas company Gazprom’s accounts.

CEE “brimming with opportunities” in renewables — and airports

bne IntelliNews December 3, 2019

In a sign of the complex politics surrounding climate change, CEE has huge opportunities for investment into two growth areas: renewable energy and airports, finds a new study by law firm CMS.

Saxo Bank’s Outrageous Predictions 2020

Daniel Rad December 3, 2019

What are the odds on China, Iran and Russia creating a new world currency? On Moscow slashing oil production? And on Hungary making a ‘Huxit’ while Trump gets an election hammering?

Russia analysts caught off guard by sudden plunge of November manufacturing PMI

Ben Aris in Berlin December 3, 2019

Analysts were caught off guard by the sudden plunge of Russia’s November manufacturing PMI result to 45.6, the lowest result in a decade, from an already low 47.2 in October.

Russia's $55bn Power of Siberia gas pipeline to China comes online

bne IntelliNews December 3, 2019

Russia’s Gazprom flagship Power of Siberia gas pipeline mega-project that connects Russia’s Siberian gas fields with China came online on December 2, after the investment of billions of dollars that will earn the company billions more

Russia’s Manufacturing PMI tumbles to 45.6 in November, worst result in a decade

bne IntelliNews December 2, 2019

Russia’s IHS Markit Russia Manufacturing Purchasing Managers’ Index tumbled to 45.6 in November, down from 47.2 in October – the worst performance across the Russian manufacturing sector for over a decade.

Zimin Foundation: Science at the heart of our philanthropic efforts

Boris Zimin of the Zimin Foundation in Moscow December 2, 2019

On November 21, some of Russia’s top writers, journalists, academics, scientists and publishers gathered in Moscow for the annual “Enlightenment Prize”. The purpose of the annual Prize is to support Russian scientists and science journalists