Bank Saint Petersburg Reports 39.7 Billion Rubles Net Profit for 2025Bank Saint Petersburg has summarized its financial results for 2025. The credit institution's net profit amounted to 39.7 billion rubles (approximately $441 million at current rates), which is 21.9% lower than the 2024 figure.
Professor slams sharp increase in Volgograd capital repair feesEconomist Igor Belsky criticized the increase in capital repair contributions in Volgograd Oblast, stating that the tariff growth is five times higher than inflation and undermines residents' well-being.
FAS to Strike at Tariffs: How This Will Affect Utility BillsUnjustified utility charges exceeding 102 billion rubles (approximately $1.4 billion at current rates) have been uncovered, prompting a legislative change that grants the Federal Antimonopoly Service new powers.
Russian Gasoline Prices Now Exceed U.S. LevelsA liter of gasoline in Russia is now more expensive than in the United States for the first time in years, with taxes and refinery security cited as key factors by experts.
Gen Z's no-buy lists signal a shift in global consumer behaviorA viral trend encouraging people to create lists of items they will not buy is reshaping spending habits. Experts examine the potential economic and social impacts of this conscious consumption movement.
Russians Complain of Soaring Food Prices After New YearFollowing the New Year, Russians have taken to social media to share videos expressing dismay at rising supermarket prices, amid an increase in the value-added tax (VAT).
