Digital financial technologies usage is expanding in Russia and globally. Cashless payments are becoming more common every day. In these …
Italy, Russia to substantiate economic dialogue
Trade between Russia and Italy has dropped by 24.8% due to COVID pandemic with Italian exports to Russia falling by …
Russia’s banking apocalypse
Russia may face a large-scale closure of banks with 100 banks likely to terminate their business within the next three …
Russian employers hire workers for less money
Sberbank’s SberIndex lab has analyzed the Russian labor market in August and is sure that it keeps rebounding as the …
The US dollar is still the centre of gravity
In our Q2 outlook, written in the heat of the worst portion of the market panic in March, I wrote …
Life after lockdown: When will companies return to offices?
Despite the increase in the number of COVID-19 patients across the world, the daily number of confirmed cases in Russia …
US dollar’s global dominance remains intact?
The US dollar remains the leading global currency by far, but significant further political and policy developments in Europe and …
Economist warns Russians of new wave of bank failures
The unfolding economic crisis is bringing a new wave of problems to the Russian banking market. Smaller banks will be …
Coronavirus and personal bankruptcy
Russian courts have declared more than 22K people bankrupt since the beginning of 2020, however, according to experts, many more …
Democracy does not come cheap
The phrase “Whatever it takes” suddenly makes a worldwide career. Now we know how to say it in hundred plus …