At a time when the incomes of most Russian citizens are still stagnating after a record dip since the 1990s, Russia’s billionaires have continued to amass wealth at a startling rate.

According to Forbes, the five wealthiest Russians became $27 billion richer.

Converted to rubles at the current exchange rate, Nornickel stakeholder Vladimir Potanin, Novatek co-owner Leonid Mikhelson, Lukoil president Vagit Alekperov, Vladimir Putin’s “friend” Gennady Timchenko and Power Machines’ owner Alexey …

Responding to a statement by Russian President Vladimir Putin regarding Poland’s role in World War II, Polish Deputy Foreign Minister Pawel Jablonski said that Warsaw is prepared for a lengthy information war with Russia, reports tvn.24.

“We are ready for a very long information war with Russia,” he said.

Jablonski also said that Warsaw deliberately refrained from commenting on Putin’s statement initially, in order to observe how things would develop.

“You can respond very quickly, without …

German companies are continuing to withdraw from Russia, winding up operations in the wake of US sanctions and the decline of solvent demand.

In the five years since Russia annexed Crimea, its relations with the West have deteriorated sharply, and nearly 2,000 German companies have left the Russian market, Deutsche Welle reports, citing data from the Russian-German Foreign Trade Chamber.

At the end of 2019, 4,274 companies with German capital were operating in Russia, as opposed to 6,200 in 20 …