Russia hikes alcohol taxes to fund war
In January 2025, Russia implemented a 15% increase in excise taxes on alcohol, a move widely interpreted as a strategy to bolster state revenues amid [more…]
Category: Ukraine
Russia expands fuel trade with Indonesia amid global market shifts
Russia has significantly increased its exports of oil products to Indonesia in early 2025, marking a strategic pivot to expand markets in Asia following Western [more…]
Russian energy Gazprom reports first loss since 1999
In a surprising turn, Russian energy giant Gazprom announced a staggering loss of 629 billion rubles ($6.84 billion) for the previous year, marking the first [more…]
Russia orders oil output reduction to meet OPEC+ target, boosting global prices
In a move to fulfill its commitment to OPEC+ and support international oil prices, the Russian government has directed companies to decrease oil production in [more…]
Rollercoaster week ahead for investors as markets eye U.S. inflation data
Investors are gearing up for a potentially tumultuous week as Asian shares cautiously inched higher on Monday. The market mood remains cautiously optimistic, with hopes [more…]
Oil prices reach four-month high on supply disruptions and economic growth signs
In a surprising turn of events, oil prices surged approximately 2% to reach a four-month high on Monday, driven by a combination of factors including [more…]
