Forecasters slightly improve their Russia forecasts for this year
Forecasters slightly improve their Russia forecasts for this year In May and June, a number of authorities, including Russia’s economy ministry, the Central Bank of Russia...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Finnish investment in Russia continues to heavily exceed Russian investment in Finland
Finnish investment in Russia continues to heavily exceed Russian investment in Finland Statistics Finland (SF) reports that the stock of Finland’s foreign direct investment (FDI) in 2014 amo...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Rosneft divests its holdings in Venezuela to avoid US sanctions
Russia Rosneft divests its holdings in Venezuela to avoid US sanctions On March 28, Russia’s largest oil company, Rosneft, announced that it had sold off all its operations in Vene...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Russian foreign trade contracts slightly
Russia Russian foreign trade contracts slightly Preliminary balance-of-payments figures released by the Central Bank of Russia show that Russian earnings from exports of goods and ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
No large economic policy changes expected from Russia's new cabinet
Russia No large economic policy changes expected from Russia's new cabinet On May 18 president Vladimir Putin approved the new cabinet proposed by prime minister Medvedev, cons...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Russian stock exchange on the upswing
Russia Russian stock exchange on the upswing In recent weeks, the RTS (Russian Trading System) index, Russia’s core dollar-denominated stock index, has climbed to levels not seen s...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Sluggish growth in Russian foreign trade
Russia Sluggish growth in Russian foreign trade Russian customs reports that Russia’s goods exports, measured in dollar terms, rose a mere 1.4 % y-o-y in the first quarter of ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Russian oil production expected to increase slightly in coming years
Russia Russian oil production expected to increase slightly in coming years According to the July forecast by Russia's economic development ministry, Russia will this ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Growth of Russia's defence industry slowed last year
Russia Growth of Russia's defence industry slowed last year Production of the military-industrial complex (oboronno-promyshennyi kompleks or OPK) increased last year by over 3 ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Russian import growth slows further; net flow of foreign liabilities turns negative
Russia Russian import growth slows further; net flow of foreign liabilities turns negative Preliminary balance-of-payments figures show the dollar-value of Russian goods and services export...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2018
Russia drops in TI corruption rankings
Russia drops in TI corruption rankings The 2016 Corruption Perceptions Index published by Transparency International (TI), downgraded Russia's position in the rankings from 2015...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
Russia’s economy minister arrested
Russia’s economy minister arrested Russia’s Federal Investigative Committee announced very early Tuesday morning (Nov. 15) that economy minister Alexei Ulyukayev had been detained. ...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Profitability of Russia’s banking sector weakens
Profitability of Russia’s banking sector weakens Growth of Russia’s banking system largely stopped last year and profitability fell significantly. The Central Bank of Russia
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Asia top destination for Russian arms exports
Asia top destination for Russian arms exports The Stockholm International Peace Research Institute (SIPRI) reports that the volume of international arms sales increased by 14 % in 2011–2015 compared t...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016
Russia and Ukraine reach agreement on transit fees for natural gas
Russia Russia and Ukraine reach agreement on transit fees for natural gas Slightly less than half (roughly 70 billion m3 per year) of Russia’s natural gas exports to EU countries is...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2020
Russian oil fund shrank in 2018, but central bank foreign currency reserves grew
Russia Russian oil fund shrank in 2018, but central bank foreign currency reserves grew The National Welfare Fund, where the state’s excess revenues from oil and gas taxes are deposited, st...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2019
Number of passenger cars on the road in Russia rises from 26 million to 45 million in just ten years
Number of passenger cars on the road in Russia rises from 26 million to 45 million in just ten years In 2005, there were just 180 cars per 1,000 people in Russia. Since then, the nu...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2017
CBR continues to defend the ruble
CBR continues to defend the ruble With the conclusion of the New Year’s holiday season on January 11, the Central Bank of Russia during the next four days sold $2.2 billion on the currency markets, an...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2015
Russia hopes to attract investment in the Arctic territory
Russia Russia hopes to attract investment in the Arctic territory Russia has recently approved new strategies framing its policy in the Arctic region. This is particularly topical a...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2021
Government subsidies keep Russia’s inefficient car producers on life support
Government subsidies keep Russia’s inefficient car producers on life support The economy ministry last week released a study that found that Russia’s car industry received state sub...
Bofit.fi / BOFIT start page / Monitoring / Weekly Review / 2016