Russia’s main coal producing region faces certain collapse as sanctions, mismanagement and theft lay waste to one cornerstone of the Russia economy. We’ve mentioned it in previous articles HERE, HERE and HERE and it’s only getting worse. Russia’s coal industry—a cornerstone of its energy sector, is now collapsing at break-neck speed. The Kemerovo region, known […]
Already on a negative trajectory since 2020, Russia’s National Wealth Fund, now holding only 1.9% of GDP, could be gone in six months if war expenditures don’t come to an end, according to former Russian Finance Minister Mikhail Zadornov. Russia’s National Wealth Fund (NWF), established as a financial safeguard for rainy days, is now
The price of coal on the world market continues downward, exacerbating the already catastrophic situation within the industry that comprises 7.4% of Russia’s total exports. Despite Putin’s December call for emergency action to save Russia’s coal industry, today, the Governor of the largest coal producing region in Russia sounded the alarm, explaining that with “many
A combination of a rapidly slowing economy and excessively high interest rates has effectively killed the Russian auto industry, with industry leaders calling for government bailouts. Around 60% of Russia’s car dealers now face bankruptcy if government fails to step in with large scale bailouts of the industry, according to the head of the Russian
A summary of Ukraine’s January strikes on Russia’s oil industry, the Achilles Heel of the Russian terrorist state. In terms of Ukraine’s strikes on Russian territory, January 2025 was the month that the gloves finally came off. With Ukraine’s homegrown defense sector now rivaling any western nation and seemingly no US, German or French politician
In yet another symptom of Russia’s deepening economic crisis, food price inflation has surged to an alarming 48.8% in just six months, according to latest government data. This unprecedented spike is pushing millions into food insecurity while forcing government to adopt drastic measures.
In another humiliating catastrophe for the Putin regime, the once-bustling Belokamenka oil & gas project, the largest construction site in Russia has gone dark, symbolizing the nation’s waning industrial might amid intensifying economic pressures, war, and international sanctions.
As awesome as most Russian neighborhoods are, very few are willing to take out mortages at 100% interest.
