Russian Banks raise mortgage rates to 100% amid market Turmoil
Economy & Business

Russia’s aircraft industry enters state of collapse, missing 2024 target by -95%

Russian aviation industry produced only 7 aircraft out of 108 planned, missing 2024 target by -95%. The dominoes continue to fall in what remains of Russia’s manufacturing sector, with the entire Russian aviation industry now only producing as many aircraft in two years as the US does in three weeks, coming in with only 7 passenger aircraft built since its full-scale invasion of Ukraine, significantly missing its target of 108 planes by the end of 2024, according to a report by BBC News Russia.

Russia’s aircraft industry enters state of collapse, missing 2024 target by -95% Read Post »

Russian Banks raise mortgage rates to 100% amid market Turmoil
Economy & Business

Russian Furniture industry on verge of collapse

Owner of Russia’s largest furniture manufacturer calls for immediate government intervention to rescue the collapsing furniture industry. The trickle-down effects from Russia’s ongoing housing market implosion have now metastasized into the consumer durable goods sector, with Russia’s largest furniture manufacturer sounding the alarm, calling for immediate government intervention.

Russian Furniture industry on verge of collapse Read Post »

Russian Banks raise mortgage rates to 100% amid market Turmoil
Crisis in Russia, Economy & Business

Consumer electronics sector in russia revamps due to the majority of russians now unable to afford new phones

Shares of Russian’s second largest seller of consumer electronics continue to lows not seen since the 2009 financial crisis Having seen it’s share value drop by -88% in only two years and with 1,200 stores and 30,000 employees nationwide, Russia’s second largest seller of consumer electronics has announced an abrupt change in business model after 31 years in operation.

Consumer electronics sector in russia revamps due to the majority of russians now unable to afford new phones Read Post »

Crisis in Russia, Economy & Business

Russia’s economy continues to collapse as Russian railways is forced to cut investment by -40% due to debt service payments

Russia’s global military adventures continue to punish the economy back home to the brink, as Russian Railways, one of the largest employers in the country (685,000 employees) is set to reduce its 2025 investment program by approximately 40% compared to the current year, due to unservicable debt load, according to Tatyana Orlova, head of the company’s corporate finance department.

Russia’s economy continues to collapse as Russian railways is forced to cut investment by -40% due to debt service payments Read Post »

Russian Banks raise mortgage rates to 100% amid market Turmoil
Economy & Business, World News

Influencers that Helped Russia Rig the Romanian Presidential Election flee the country

Amidst sweeping investigations into the mechanics of Russia’s failed bid to rig the Romanian Presidential election,  several social media influencers and individuals with criminal ties have fled the country. Authorities believe these figures were paid by businessman Bogdan Peșchir to promote pro-Russian, Nazi sympathizer, Călin Georgescu’s campaign through TikTok-driven propaganda, significantly boosting his popularity in the election’s first round.

Influencers that Helped Russia Rig the Romanian Presidential Election flee the country Read Post »

Russian Banks raise mortgage rates to 100% amid market Turmoil
Economy & Business, World News

Romanian Authorities raid homes of those involved in russia’s attempt to rig presidential election

Now two weeks after Russia’s attempt to install a little known pro-Russian, Nazi sympathizer into the Romanian Presidency using 10 million TikTok accounts, fake facebook profiles and around €380,000 in payments to social media influencers, Romanian law enforcement agencies have initiated a series of searches targeting individuals suspected of financing the presidential campaign of Călin Georgescu.

Romanian Authorities raid homes of those involved in russia’s attempt to rig presidential election Read Post »

Russian Banks raise mortgage rates to 100% amid market Turmoil
Economy & Business, World News

Is it only Romania now defending their elections from Russians?

As Russians go from country to country applying their new and improved hybrid election rigging model, it seems that Romania has just set the gold standard in how to fight back. Having decades of experience living under brutal Russian oppression, Romanians understand that the stakes are high and that it’s much easier to keep the Russians from getting in, rather than getting them out once they’re already in, a fact that Georgia is regrettably learning right now.

Is it only Romania now defending their elections from Russians? Read Post »

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