Russian bank VTB is set to begin offering customers loans to cover parking spaces and closets, which seem like sound financial decisions.

The minimum price of vodka, set by Russia's Ministry of Finance, has been raised. Barely.

Sellers of souvenirs? They’re missing you, folks! But perhaps not that much.

The digital ruble is about to be tested, so here's a crash course in how digital currency works.

Due to a gas shortage, one former Soviet city has been forced to shut off a war memorial: an "eternal" flame that was never supposed to stop burning.

Russia's independent press faces innumerable pressures. Former Russian Life Editor Mikhail Ivanov (1995–2003) describes how economic issues have long plagued the Russian media system.

“We expect there to be and there already is a decrease in prices for products included in this ‘borscht set,’ and in our opinion, the trend will continue.”

– Elvira Nabiullina, the head of the Central Bank of the Russian Federation, has happy news.

There has long been anxiety about a “Chinese takeover” of Siberia. Even Lake Baikal is not immune.

“We are strengthening the protection of banknotes from the effects of harmful microorganisms.”

– On July 5, Deputy Chairman of Russia’s Central Bank Mikhail Alekseev explained plans for the modernization of Russia’s bank notes

Ever been so desperate for a vacation that you're willing to go into debt? According to a new study, more and more Russians are.

“I think we're close to establishing Tesla's presence in Russia, and that would be great. And more broadly, also in Kazakhstan and neighboring regions.”

– On May 21, entrepreneur Elon Musk announced that the Tesla line would soon make it to markets in Russia, Kazakhstan and other CIS countries.

The Russian Government has invested in quite a mess!