Economy
Clear
Russian immigrants raised the GDP of Armenia and Georgia
Economy
Russian immigrants raised the GDP of Armenia and Georgia
Published: 11 October 2022

On October 11, the International Monetary Fund, in its latest World Economic Outlook report, forecast that the Armenian economy will grow by 7% by the end of 2022.
Последние новости
Fuel Crisis Eases in Southern Russia, but North Caucasus Still Faces Acute Shortages
Economy
Fuel Crisis Eases in Southern Russia, but North Caucasus Still Faces Acute Shortages
29 July 2026

The fuel crisis in southern Russia is gradually easing. Queues at petrol stations are shrinking, major fuel retailers are lifting or relaxing purchase limits, and regional authorities are increasingly declaring that supplies have stabilised. Yet officials and analysts caution that it is too early to declare the crisis over.
“A Figment of Someone’s Imagination”: Chechnya’s Leader Dismisses Reports of Possible Food Shortages
Economy
“A Figment of Someone’s Imagination”: Chechnya’s Leader Dismisses Reports of Possible Food Shortages
28 July 2026

Ramzan Kadyrov, the head of Russia’s Chechen Republic, has dismissed reports of a possible food shortage in the region, describing them as false.
Food prices rising in Chechnya: cheese and vegetables see biggest hikes
Economy
Food prices rising in Chechnya: cheese and vegetables see biggest hikes
27 July 2026

In June, prices in Chechnya rose faster than in the previous month. According to the regional branch of the Bank of Russia, the average cost of goods and services in the republic increased by 2% over the month.
Baza: Russia was the primary market for Armenian dairy products; the industry could lose around $16 million annually
Economy
Baza: Russia was the primary market for Armenian dairy products; the industry could lose around $16 million annually
26 July 2026

Rosselkhoznadzor’s ban on the import of Armenian dairy products could cost the republic's producers approximately $16 million a year, according to the Telegram channel Baza.