Corporate greed over principles: Zara’s secret path back to Russia
Zara’s CEO said Russia was off-limits. Russian shoppers apparently didn’t get the memo.
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Russian economy
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Kremlin still believes they can win war of attrition against Ukraine — yet ISW says Russia’s victory “not inevitable”
Putin and Gerasimov continue to promote the idea that Russia's slow advances will ultimately force Ukraine’s collapse.
PepsiCo still making money in Russia—and helping fund war
PepsiCo must exit Russia immediately or be held accountable.
Kremlin says it will continue killing Ukrainians despite sanctions, while Kyiv calls for real security
From Crimea to Kyiv, sanctions pile up, yet Russia’s military potential remains intact, keeping the conflict grinding forward in attrition.
Russian coal mines are collapsing under sanctions, yet Moscow is filling profit gap from occupied Ukrainian territories
Western sanctions demonstrate clear economic impact as Russian manufacturing contracts for three consecutive months.
Sanctions bite: Russian steel output collapses to lowest point since invasion
The metallurgy sector’s worst performance since Putin launched his invasion signals mounting strain on Russia’s military-industrial capacity.
2 million workers gone: Russia’s war economy slides toward collapse
With 73% of businesses understaffed, defense plants are breaking under labor shortages and falling output.
Russia’s drone giant Kronshtadt faces bankruptcy as sanctions and strikes bite
AO Kronshtadt, one of Russia’s largest drone manufacturers, is drowning in debt.
Ukrainian drones hit Russia’s largest Baltic gas hub in Ust-Luga strike (VIDEO)
The precision strike on Novatek's cryogenic fractionation unit marks Ukraine's second successful attack on the strategic port this year.
As sanctions bite, Russia’s war chest nears empty by Christmas
The Russian economy is not collapsing, but it is stagnant and suffering high inflation. And this economic decline could be a tipping point, because Russia may run out of liquid reserves, prompting the Kremlin to cut public expenditures.
Canada joins EU and UK in slashing Russian oil price cap to $47.60 — Japan and US stay out for now
The new coordinated move aims to choke Russian crude profits without disrupting markets. Moscow uses the export revenues to fund its war in Ukraine.
Russia accidentally admits what it denied for three years: war is breaking its economy
Russia just admitted something it has spent three years denying: the war is breaking its economy. According to Russian Finance Ministry data, Moscow’s federal deficit hit $62 billion by July — already 25% over its yearly target with five months still to go.
Russia’s energy revenues crash by 19% as war devours civilian budget
With gas exports to Europe halved and oil profits plunging, the Kremlin raids its welfare fund while fueling the front.
ISW: Ahead of Trump’s 8 August deadline, Russian propagandists fuel White House division to avoid sanctions
Meanwhile, Russian officials still claim economic strength despite falling oil revenues and slowing household consumption.
Amid war, Russia shuts down gasoline exports — producers hit for the first time
The ban takes effect 29 July and could be extended into September.
Bloomberg: EU sanctions squeeze Rosneft’s Indian refiner — buyers now forced to pay in advance
Nayara Energy imposes financial demands on traders amid rising fears over deal enforcement.
Hackers erased Gazprom’s digital brain in catastrophic cyber strike, HUR source says
Ukrainian operatives reportedly wiped servers, clouds, and backups, crippling the control systems of Russia’s gas empire.
ISW: Moscow scrambles to downplay EU’s crushing new sanctions
Russia’s top officials claim immunity, but signs of economic strain are beginning to show beneath the surface.
ISW: Russia is “burning the candle at both ends”—bankers quietly brace for bailouts
Russia’s top financial execs reportedly fear a growing debt crisis despite Central Bank claims of stability.
Russian banks seek Kremlin bailouts as inflation soars and potatoes disappear
As war spending drains the economy, Russia’s banks are struggling—and now looking to Moscow for help.