Tag #Russian Economy

Showing 25 to 36 of 59 results

mk.ru
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Record High Overdue Credit Card Payments in Russia

As of early 2025, 2.35 million Russians have credit card debt overdue by more than 30 days, projected to reach 3.8 million by July, due to rapid credit card portfolio growth from 2021-2024, reaching almost 4.4 trillion rubles, and potentially impacting consumer spending and the economy.

Progress

44% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
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Russia's Economic Growth Slows Sharply in Q1 2025

Russia's Q1 2025 economic growth slowed to 1.7% year-on-year, down from 4.3% in 2024, driven by negative industrial demand, high interest rates, and personnel shortages; a technical recession is increasingly likely.

Progress

44% Bias Score

Decent Work and Economic Growth
pda.kp.ru
🌐 85% Global Worthiness
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Moscow's Economy: 2nd Largest Globally

Moscow's economy, now the world's second-largest, grew by 5.5% in 2023, contributing 21% to Russia's GDP, fueled by high-tech manufacturing and IT advancements; the city also invests heavily in education and healthcare.

Progress

48% Bias Score

Reduced Inequality
pda.kp.ru
🌐 75% Global Worthiness
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CBR's 2024 Report: Inflation Control and Economic Stability

The Central Bank of Russia's 2024 report details its fight against inflation, achieved by raising the key interest rate to 21%, resulting in reduced inflation despite concerns about economic slowdown. The report highlights the successful navigation of sanctions and the maintenance of a stable financ...

Progress

48% Bias Score

Decent Work and Economic Growth
dw.com
🌐 85% Global Worthiness
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War in Ukraine: Uneven Impact on Russian Well-being

A Russian study reveals that while average Russians reported higher life and financial satisfaction in 2023 than before the war, this is unevenly distributed, with the elderly and residents near the front reporting worsened conditions; this is despite official statistics showing income growth of 8.5...

Progress

40% Bias Score

Reduced Inequality
pda.kp.ru
🌐 85% Global Worthiness
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Russia's Economy Surges Despite Sanctions: GDP Tops 200 Trillion Rubles

Russian Prime Minister Mikhail Mishustin presented a positive economic report to the State Duma, highlighting a GDP exceeding 200 trillion rubles, faster growth than Europe, and increased social spending, despite sanctions.

Progress

56% Bias Score

No Poverty
pda.ural.kp.ru
🌐 75% Global Worthiness
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Russian Banks Eliminate Mortgage Fees for Developers

Sberbank and VTB eliminated fees for developers on subsidized mortgages starting May 12th and 13th, respectively, following President Putin's criticism; this action, impacting programs like family and Far Eastern mortgages, is expected to lower housing costs for buyers.

Progress

48% Bias Score

Reduced Inequality
pda.kp.ru
🌐 75% Global Worthiness
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Death of Viktor Gerashchenko: A Legacy of Controversial Monetary Reforms

Viktor Gerashchenko, a four-time head of the central banks of the USSR and Russia, passed away; his career was marked by involvement in controversial 1990s monetary reforms aimed at controlling hyperinflation, impacting millions of citizens.

Progress

44% Bias Score

Reduced Inequality
mk.ru
🌐 85% Global Worthiness
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Russia's Housing Construction Slowdown Amidst Economic Headwinds

President Putin acknowledged that Russia's housing construction is slowing due to high interest rates on mortgages and project financing, impacting subsidized housing programs and potentially creating a housing shortage by 2027-2028.

Progress

48% Bias Score

Sustainable Cities and Communities
pda.penza.kp.ru
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Mayak Holding Achieves 80% Energy Self-Sufficiency Through Mayak-Energiya

Mayak holding's subsidiary, Mayak-Energiya, built a gas turbine power plant for 2 billion rubles, operational since 2017, currently supplying 80% of Mayak's energy and slated to reach 100% self-sufficiency in 2024, using advanced, eco-friendly technology.

Progress

28% Bias Score

Industry, Innovation, and Infrastructure
mk.ru
🌐 85% Global Worthiness
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Record Low Loan Approvals in Russia Amidst Strict Credit Policies

Russian banks approved only 4% of consumer loan applications in February 2025—a record low—while applications increased by 89% year-on-year due to the Central Bank's 21% key rate and strict lending criteria, impacting both consumer and mortgage loans.

Progress

44% Bias Score

Reduced Inequality
mk.ru
🌐 85% Global Worthiness
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Russian Economy Adapts to High Interest Rate, Decrease Unlikely Before 2025

Alexander Shokhin, head of the Russian Union of Industrialists and Entrepreneurs, stated that while the Russian economy has adapted to the 16% key interest rate, a decrease is not expected before the second half of 2025 due to ongoing investment projects and various inflationary pressures, including...

Progress

36% Bias Score

Decent Work and Economic Growth

Showing 25 to 36 of 59 results