#Russia Economy

Vladimir Putin acknowledged the impact of Western sanctions and stated that European companies left the Russian market under pressure. This comes amid the transfer of foreign assets to temporary management.

The Ministry of Industry and Trade has approved the amounts and differentiated rates of the technology fee for laptops, smartphones, and phones; the new rules take effect on December 1, 2026.

EU High Representative Kaja Kallas stated that the return of Alisher Usmanov and Mikhail Fridman to sanctions lists is not planned in the near future.

In 2026, Russian oligarchs transferred 471 billion rubles (over $5.6B) to the budget as 'voluntary contributions,' covering over 1% of state expenditures.

The US Treasury designated the Kremlin's A7 payment system as a transnational criminal organization for helping Iran and Russia evade sanctions and fund the war.

Russia's Ministry of Economic Development lowered its 2026 gas production forecast to 683.1 billion cubic meters and LNG exports to 35 million tons. The adjustment is linked to the EU's plans to phase out Russian gas by 2027.

GUR Head Oleg Ivashchenko stated that the Russian economy has weakened, but resources for the war will last until 2027–2028. The key problems are a shortage of personnel, the budget deficit, and the banking sector. The statement was made after three rounds of negotiations with the US in Kyiv.

The number of tourists on the Russian Black Sea coast has decreased by 10.8% due to drone attacks and oil spills, and bookings in Sochi have fallen by 40%. Putin has almost stopped visiting the resort.

Putin admitted that attacks on infrastructure are causing harm to Russia, but not critical. The budget deficit has grown by 70%, but oil revenues will allow the war to continue until spring. The Kremlin rejects freezing the conflict.

The rise in oil prices to $82 per barrel allowed Russia to secure additional revenues and delay an economic crisis, however, the budget deficit and AFU strikes on refineries maintain the threat of a fuel collapse.

🇺🇦 Vadym Skibitsky stated that Ukraine's deep strikes have become the second biggest problem for the Russian population after the standard of living. Attacks on refineries are reducing budget revenues, while middle strikes are disrupting logistics in Crimea. Russia could start an offensive from the north, but there are currently no conditions. #Ukraine #GeneralSkibitsky #War

🚨 On the night of August 18, 2026, a massive drone attack was carried out on Moscow and the region. More than 150 UAVs were shot down, a Wildberries warehouse caught fire in the Bogorodsky district. There are no casualties, but the damage to infrastructure is significant. 🔥🇷🇺 #wildberries #moscow #droneattack

🚨 Russia has recorded a 12-year high in tax crimes: over 3,000 cases since the start of 2026. The 17.2% increase is driven by VAT rising to 22% and profit tax to 25%. Businesses are massively going underground, while the state introduces a "freeze" on statutes of limitations for debtors. The budget deficit may exceed forecasts by a trillion rubles. #Taxes2026 #RFEconomy #Business

🚨 Export Collapse: Drone strikes paralyze Russian grain ports. 📉 Grain exports halted in Novorossiysk and the Azov Sea. 💸 Losses: $15 billion in revenue, domestic prices dropped by 20%. ⚠️ Bankruptcy threat: Farmers cannot sell the 2026 crop (140 million tons) and have no money for winter sowing. #Economy #Grain #Russia #Crisis

🚨 **Mass Capital Outflow: Russians Transfer Savings Abroad** The Foreign Intelligence Service of Ukraine reports an unprecedented withdrawal of funds from the Russian Federation in the first half of 2026. 📉 🔹 **600 billion rubles** transferred to foreign brokers from December 2024 to June 2026. 🔹 **Record for cash currency:** currency worth 159 billion rubles purchased in three months. 🔹 **Flight from banks:** 2 trillion rubles withdrawn from the system in 7 months. **Reasons:** 🔸 Fear of new sanctions and the closure of currency supply channels. 🔸 Expectations of a tightening of the regime and new mobilization after the Duma elections. 🔸 Inclusion of the Russian Federation in the EU "black list" for money laundering. Experts warn of a possible shortage of cash currency and a growing budget crisis. 💸🇷🇺

🚨 The Chief Economist of VEB.RF, Andrey Klepach, admitted that Russia is losing the war of attrition to Ukraine. According to him, the Russian economy is in recession in 2026, and hopes for Ukraine's collapse were unfounded. The expert warned of an impending "social crisis" and compared the situation to 1917. 📉💸

🔥 Powerful Ukrainian strike on Russian logistics: Wildberries hub in Bashkortostan and a major oil refinery are burning. Drones covered 1400 km. Damage is growing, Wildberries introduces restrictions. #AFU #Wildberries #Bashkortostan #Economy

🔥 Wildberries lost $6 billion and a third of its warehouses due to Ukrainian attacks. The damage is comparable to the budgets of entire Russian regions. Sellers are left without goods, and the state cannot help due to a budget deficit. #Wildberries #War #Economy