Russia’s Auto Market continues to collapse, with June truck sales down -66%
Crisis in Russia, Economy & Business

Russia’s Auto Market continues to collapse, with June truck sales down -66%

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Russia’s domestic auto industry is showing sharp signs of contraction, with new data revealing a steep decline in vehicle sales across all segments—a worrying indicator of deepening economic distress. According to the Ministry of Industry and Trade, sales of new passenger cars and light commercial vehicles (LCVs) in June 2025 plummeted by 27.5% compared to the same month last year, totaling just 96,744 units.

Russia’s Auto Market continues to collapse, with June truck sales down -66% Read Post »

Russian government vows rescue as Collapse of Steel Industry Accelerates
Crisis in Russia, Economy & Business

Russian government vows rescue as Collapse of Steel Industry Accelerates

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Russia’s steel sector is facing mounting pressure from a combination of collapsing domestic demand and hostile export conditions, prompting officials to promise sweeping support measures in a bid to stabilize one of the country’s most critical industrial sectors.

Russian government vows rescue as Collapse of Steel Industry Accelerates Read Post »

Russian Auto Industry Faces 40% Collapse Without Urgent Support
Crisis in Russia, Economy & Business

Russian Auto Industry Faces 40% Collapse Without Urgent Support

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Russia’s Ministry of Industry and Trade has sounded the alarm over a potential 40% collapse in the domestic automobile market by the end of 2025. Speaking at a Federation Council Committee on Economic Policy meeting, Industry Minister Anton Alikhanov confirmed that the ministry is preparing urgent measures to stabilize the sector amid a steep downturn driven by soaring interest rates and shrinking access to consumer credit.

Russian Auto Industry Faces 40% Collapse Without Urgent Support Read Post »

Russia’s June Industrial Output collapses at worst rate since the invasion
Economy & Business

Russia’s June Industrial Output collapses at worst rate since the invasion

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Russia’s manufacturing sector shrank sharply in June, with output, new orders, and exports all declining at a rate not seen since the initial shock of the full-scale invasion of Ukraine. The latest S&P Global Manufacturing Purchasing Managers’ Index (PMI) dropped to 47.5 from 50.2 in May, signaling a steep contraction in industrial activity and underscoring growing strain in the Russian economy.

Russia’s June Industrial Output collapses at worst rate since the invasion Read Post »

Kremlin attempts to bail out Russian coal industry as Energy Ministry warns of catastrophe
Economy & Business

Kremlin attempts to bail out Russian coal industry as Energy Ministry warns of catastrophe

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Russia’s coal industry is in deep crisis, with export deliveries turning unprofitable in every direction, according to Deputy Energy Minister Dmitry Islamov. In an interview with TASS published on July 1, Islamov confirmed that coal exports from Russia are currently yielding negative margins—whether sent east, west, or south. “The margin is still negative across all routes,” Islamov stated.

Kremlin attempts to bail out Russian coal industry as Energy Ministry warns of catastrophe Read Post »

U.S. Preventing the Lowering of Russian Oil Price Cap, Shielding Kremlin Revenue Amid War
Economy & Business, World News

U.S. Preventing the Lowering of Russian Oil Price Cap, Shielding Kremlin Revenue Amid War

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As Ukraine’s Western allies tighten the economic noose around Moscow, the United States has moved to block efforts by European G7 partners to lower the $60 per barrel cap on Russian oil exports—effectively preserving a key revenue stream for Vladimir Putin’s war machine.

U.S. Preventing the Lowering of Russian Oil Price Cap, Shielding Kremlin Revenue Amid War Read Post »

Russian Budget Revenues Collapse as War, Sanctions, and Mismanagement Eviscerate the Economy
Crisis in Russia, Economy & Business

Russian Budget Revenues Collapse as War, Sanctions, and Mismanagement Eviscerate the Economy

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Russian government budget revenues continue to collapse as the combined weight of war spending, international sanctions, and systemic mismanagement tears into the foundations of its economy. In May 2025, the Kremlin recorded a federal budget deficit of 167.7 billion rubles—despite May traditionally being a month of budget surpluses for Russia. Total federal revenues for May fell to 2.46 trillion rubles, a 6% drop compared to the same month last year.

Russian Budget Revenues Collapse as War, Sanctions, and Mismanagement Eviscerate the Economy Read Post »

Russia’s Oil, Gas, and Coal Sectors Enter Freefall as Losses Accelerate
Crisis in Russia, Economy & Business

Russia’s Oil, Gas, and Coal Sectors Enter Freefall as Losses Accelerate

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Russia’s extractive industries are in deep crisis, according to new data from the Russian state statistical agency Rosstat. In February and March 2025, the country’s oil, gas, and coal sectors recorded catastrophic losses, marking the most severe collapse in industrial profitability since the invasion of Ukraine began. The numbers are unambiguous. The total profit from Russia’s mining sector fell -61% year-on-year in February, followed by a staggering -89% drop in March.

Russia’s Oil, Gas, and Coal Sectors Enter Freefall as Losses Accelerate Read Post »

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