• Almost a quarter of Russians are forced to save on food

    More than a third of Russians (37%) are forced to save on basic needs, showed the survey conducted by the Russian bank Otkritie. According to the study, 23% of Russian citizens are forced to save on food, 40% - on clothes and footwear. More than half - 55% - have cut spending on gadgets, 62% - on travel, 71% - entertainment. Seven percent of respondents do not deny themselves anything, while in some regions the proportion of those "tightening their belts" is approaching half of the population. …

  • Russia wants to eliminate Ukrainian passports in Donbas by 2025

    The Kremlin has ordered to eliminate all Ukrainian passports in the Donbas by 2025, said Donetsk representative in the tripartite contact group on Donbas Serhiy Garmash, Ukrinform reports.

    "The issuance of Russian passports there is picking up speed. According to my information, by 2025 the goal is to ensure that no one has Ukrainian passports. That is, the passports can still be confiscated. And then there will be a problem not with the checkpoints, but the ability of our citizens to enter …

  • Kremlin pushes Russian banks towards imminent isolation from world’s financial system

    The Russian government introduced a bill to the State Duma that would prohibit Russian banks from providing banking information to financial authorities abroad.

    According to the document, banks will be forbidden to send information about customers and their transactions to the financial authorities of "unfriendly countries".

    These measures are intended as a response to the actions of the United States and other countries. Their goal is to minimize the risks associated with the changes in …

  • Biden brings potential new sanctions to meeting with Putin

    U.S. President Joe Biden came to Geneva for a summit with Russian President Vladimir Putin not empty-handed. In February, he promised to end Donald Trump's policy of concessions and in March called Putin a "murderer." Before the summit, Biden refrained from making sharp statements and instead described Putin as a "smart" and worthy rival.

    After the NATO summit in Brussels on Monday, Biden said he intended to convince Putin that it was in his best interest to behave in a way, that he considered, …

  • Wealthy Russians drive up demand for luxury real estate in London by 50%

    The luxury real estate market in London is experiencing explosive growth due to demand from wealthy Russians.

    In the first quarter of 2021, the number of requests to buy an apartment in the British capital from Russians with assets exceeding $30 million soared by 50%, reports the news agency RBC, citing a study by consulting firm Knight Frank.

    Most of these clients "choose apartments in the elite segment for the purpose of relocating for themselves or children," notes Marina Shalayeva, …