Russia’s auto industry has entered a full state of collapse with the country’s flagship KAMAZ truck company reporting 2024 earnings down a stunning -96%. March sales at the maker of Lada (AvtoVAS) down -33%, and overall Russia car market hitting -44% year-over-year. Russian Auto Industry in Freefall, as both AvtoVAS and KAMAZ Report Stunning Declines […]
Ukraine’s early morning strikes on Russia’s Engels-2 airbaase caused blastwave damages even 2 kilometers from the pojnt of impact. In today’s early hours, Ukrainian forces launched a significant drone assault on Russia’s Engels-2 Airbase, a key hub for strategic bombers in Saratov Oblast. Home to the Tu-95 and Tu-160 aircraft—both crucial in Moscow’s missile campaigns
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
The third largest refinery in Russia is offline after only two nights of Ukrainian drone strikes, an amount representing 5% of the country’s overaall capacity. Russian air defenses are now seemingly unable to cope with the increasing scale of Ukraine’s nightly drone barrages, as only two nights of strikes were sufficient to destroy 5% of
