Tag #Russia Economy

dw.com
🌐 90% Global Worthiness
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EU Imposes 16th Sanctions Package on Russia, Targeting Key Sectors and Circumvention

The European Union imposed its 16th sanctions package against Russia on February 24th, 2024, targeting energy, trade, transport, infrastructure, and finance sectors, adding 74 vessels to a blacklist, restricting 53 companies, sanctioning 83 individuals and entities, and banning Russian aluminum impo...

Progress

48% Bias Score

Peace, Justice, and Strong Institutions
mk.ru
🌐 75% Global Worthiness
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Moscow Housing Prices Surge Despite Supply Drop in January 2025

Moscow's mass-segment new-build market in January 2025 showed an 8.5% monthly supply decrease to 18,600 units, yet prices jumped 4.4% to 338,790 rubles/sq m due to factors including ended discounts and reduced supply; 2,100 deals were registered.

Progress

28% Bias Score

Reduced Inequality
nos.nl
🌐 85% Global Worthiness
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Russia's Fragile Economy and Military Setbacks Threaten War Effort

Facing high inflation (30-60% increase in food prices) and labor shortages, Russia's economy shows fragility despite initial resilience to sanctions, impacting its ability to sustain its war in Ukraine, while military losses are also significant (53 soldiers per sq km gained, according to ISW).

Progress

44% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
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Diamond Market Collapse Impacts De Beers, Alrosa, and Global Industry

Falling diamond prices are impacting major producers like De Beers and Russia's Alrosa due to market oversupply (both natural and lab-grown diamonds) and reduced consumer demand; De Beers has $2 billion in unsold gems, and Russia's Alrosa saw a 4.6% production decline in 2023.

Progress

36% Bias Score

Decent Work and Economic Growth
mk.ru
🌐 85% Global Worthiness
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Russia's 2025 Tax Reform: Increased Deductions for High Earners and Mortgage Holders

Russia's new tax deduction system, effective 2025, increases returns for high-income earners and mortgage holders, potentially exceeding one million rubles; deductions vary with income and mortgage rates, aiming for income proportionality.

Progress

40% Bias Score

Reduced Inequality
pda.kp.ru
🌐 65% Global Worthiness
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Russia's 2024 Most In-Demand Professions: Sales, Driving, and Management Lead

A study by hh.ru reveals that sales representatives, drivers, and sales managers remain the most in-demand professions in Russia in 2024, with 868,000, 769,000, and 620,000 vacancies respectively; driver vacancies increased by 36%, while call center operator vacancies surged by 63%.

Progress

24% Bias Score

Decent Work and Economic Growth