News
Russia's Altai Introduces Digital System for Fuel Rationing
1+ hour, 59+ min ago (318+ words) Russia's Siberian republic of Altai has introduced a digital tracking system to enforce gasoline rationing measures, requiring drivers to present vehicle registration cards before purchasing fuel as authorities seek to manage supplies during the country's worsening fuel crisis. Governor Andrei…...
What Russia's Diesel Export Ban Means for Fuel Supplies
4+ hour, 4+ min ago (569+ words) Russia has imposed a full ban on diesel fuel exports as part of a broader effort to increase domestic fuel supplies and address growing shortages in several regions, with both federal and regional authorities introducing new measures aimed at stabilising…...
Why Have Half a Million Russians Gone Bankrupt Amid Ukraine War?
5+ hour, 24+ min ago (1314+ words) Half a million Russians declared bankruptcy last year as the country's banking institutions bear the brunt of the cost of the war in Ukraine, a European intelligence report says this week. As the war in Ukraine continues into its fourth…...
Kazakhstan Teams Up with Solana on $6 B Alatau Crypto Megacity Initiative
5+ day, 2+ hour ago (167+ words) The collaboration focuses on several key pillars: This partnership highlights Kazakhstan's forward-thinking approach to economic diversification. By leveraging Solana's high-performance blockchain capabilities - known for speed, low fees, and scalability - Alatau City aims to become a model for next-generation urban development…...
What Does the Tajikistan-Uzbekistan Finance Cooperation Plan Mean?
6+ day, 3+ hour ago (595+ words) Tajikistan and Uzbekistan have signed a cooperation plan for 2026-2027 aimed at strengthening collaboration in public finance, economic policy, and investment. The agreement is part of broader efforts by the two Central Asian neighbors to deepen economic integration and improve coordination…...
Russia's Gasoline Shortages Hit Major Siberian Fuel Retailer
1+ week, 1+ hour ago (168+ words) Source: The Moscow Times One of the largest private gas station chains in Eastern Siberia has suspended gasoline sales to retail customers. BRK, which operates more than 100 gas stations across Russia's Irkutsk region, Buryatia, and Zabaykalsky Krai, stopped selling gasoline…...
Russians Turn to Bicycles as Fuel Shortages Drive Demand
1+ week, 16+ hour ago (331+ words) A growing fuel crisis in Russia is pushing more people to swap cars for bicycles, with bike sales surging as gasoline becomes harder to find and more expensive. Bicycle sales on its platform jumped 131% in June compared with May, while…...
Russia's Fuel Crisis Deepens with New Restrictions in Moscow Region
1+ week, 2+ day ago (677+ words) According to Russian business daily RBC, major fuel retailers, including Gazpromneft and Lukoil, have introduced new limits on fuel purchases amid mounting supply disruptions linked to attacks on critical energy infrastructure and broader logistical challenges. What Restrictions Have Been Introduced?...
Armenia's Re-Export Boom Is Fading'What Comes Next for the Economy?
1+ week, 5+ day ago (293+ words) Weak trade dynamics and the decline in agriculture also limit employment opportunities. These sectors are important for broad layers of the population, especially outside the capital. If growth is concentrated in certain urban and construction-related segments, it may deepen internal…...
Middle East War Prompts World Bank Growth Downgrade
3+ week, 6+ day ago (595+ words) The World Bank on Thursday lowered its forecast for global economic growth in 2026 to 2. 5%, citing the impact of the ongoing conflict in the Middle East. The institution also warned that growth could slow further to just 1. 3% if disruptions to energy…...