Economy
The Current State of Communism in Russia
The straightforward answer: no, the Russian Federation does not operate under a communist system. The Soviet Union officially dissolved on December 26, 1991. This...
What Economic System is Russia Applying?
Russia is the eleventh-largest economy in the world by nominal GDP and the fourth-largest by purchasing power parity. This makes Moscow a key player...
Russia’s central bank challenges minority-shareholder breaches in UGC takeover
Officials warn governance lapses could chill capital raising and post-war investment flows
The central bank determined that the state’s acquisition of a controlling stake in...
Average Salary in Russia: Insights and Figures
Salaries in Russia change with the economy—like oil prices and sanctions. This makes figures seem to move. CEIC Data shows earnings hit 1,256 USD...
Natural Resources in Russia: Forestry, Oil and Gas
Russia's vast resources, from endless spruce forests to Arctic oil fields, shape its economy and foreign policy. The country's wealth includes forests, hydrocarbons, and...
Russia’s Healthcare System: Is It Free?
Does Russia have free healthcare? The answer is not simple. Russia's Constitution promises free medical care, a promise made in 1993. This care is...
Ukraine’s Economic Struggles After Euromaidan: A Stark Comparison With Tajikistan
When protests swept Kyiv’s Maidan Square in late 2013 and early 2014, they reshaped Ukraine’s political trajectory. But they also triggered deep economic disruption....