Russia is squeezing independent gas stations out of its fuel market
Russia cannot make more fuel. So it’s handing the market to the state-linked majors, and the independent ones are being cut out.
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Money Matters
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Money Matters – your comprehensive destination for financial insights and economic analysis.
Ukraine’s strikes gave Kazakhstan leverage over Russian retail giant Wildberries
Wildberries is building 260,000 square meters of warehouses while Kazakhstan tells shoppers to buy local.
Ukraine’s drones force oil-giant Russia to import gasoline—now from Morocco
Ukrainian strikes have cut Russian refining to a two-decade low, forcing one of the worldvs largest oil producers to buy finished fuel abroad—first from India, now from Morocco, shipped to the Arctic.
Russia wrecked Ukraine’s grid. Dutch turbines with 20 years left are keeping its factories lit
Too small for a Dutch wind farm, exactly big enough for a factory running on two hours of power a day.
Some Ukrainian farmers sell wheat below cost as Black Sea disruption stops ore operations
The central bank has put a $2.5 billion price on the port closures, and an iron ore miner now has weeks of cash left.
Reconstruction holds Ukraine’s economy above water as service sector cracks
The sector rebuilding what Russia destroys is now the war economy’s most confident, while service firms slip into pessimism, and the overall mood stops improving.
Individuals now drive nearly half of Ukraine’s bankruptcy cases
A “second chance” system Kyiv built for EU accession is reaching ordinary people—while Russia rewrites its own bankruptcy law to let the Kremlin choose who survives.
An EU candidate’s port received 145 ships from occupied Ukraine in six months
As Tbilisi tilts toward Moscow, a would-be EU member is becoming a gateway for looted grain and goods the EU has sanctioned.
Europe deepens trade with India while Western parts keep reaching Russia’s weapons
Brussels is drafting its largest-ever corporate blacklist over the war—and expanding trade with the country those parts pass through.
Russia can rebuild Wildberries warehouses more easily than it can replace warehouse workers
The warehouses are replaceable—but at a record 2.1% unemployment, the spooked workers who staff them are not.
Europe wants Ukraine’s railway split. The war wants it whole
Ukraine has two years to split its railway on the EU model—and no intention of giving up the wartime control that model is built to remove.
Greece blocked a gas ban, France and Italy softened an entry ban—now Brussels tries 1,600 companies helping Russia’s war
Bloomberg sources says the proposed list covers firms feeding Russia's military industry, and the work stayed out of public view.
How tight is Russia’s fuel crisis? Altai now caps each car at one fill a day
Drivers had gamed the midnight reset to take two rations. This week, the Siberian republic shut the window.
Russia’s strikes stopped Ukraine’s grain ships. Its farmers are the ones paying
World wheat price is climbing on the supply scare—yet the grain stuck in Ukraine's ports fetches less by the week.
Russia’s ship strikes stall Ukraine’s grain corridor. The damage is moving inland
Not one ship passed through the corridor on 22 July, at the height of harvest. The choke is now reaching Ukraine’s farmers and its railways.
Ukraine’s strikes left Crimea’s prepaid fuel coupons worthless—and the biggest chain won’t refund them
It is invoking a 14-day return law a Russian lawyer says doesn’t apply—he calls it unjust enrichment.
EU sanctions Georgia’s only oil refinery over processing Russian crude. Company says it will switch suppliers
Brussels has imposed sanctions on Georgia's only oil refinery for processing Russian crude, expanding efforts to curb Moscow's energy revenues while giving the company six months before the restrictions take effect.
Washington taxes Russian goods at the same rate as Norway’s
It is a blanket forced-labor measure, not a Russia policy—and the sanctions that would hurt Moscow are still stuck in Congress.
Germany declared a break with Russia—then licensed its nuclear giant
A licensed nuclear deal and a secret Baku channel surfaced in the same month. They are not connected. That is what should worry Berlin.
Russia will read shops’ cash registers to police food prices it can’t tame
Unable to bring down food prices, Russia is building a system to watch them instead.