Stanimir Dobrev @delfoo
Joined October 2009-
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The price of fuel is only one of the ways Ukrainian strikes on refineries are hitting the Russian economy. Expect a delayed hit to housing construction and furniture production to also hit when all the thinners used in those sectors jump in price with the next delivery.
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The appellate court of the High Court of Hong Kong decided to enforce the decision of the London Arbitration Court to recover about 30 million euro from a Canadian bank in favor of a Russian mining and metallurgical company kommersant.ru/doc/8741487
The Moscow Arbitration Court rejected the appeal by Euroclear against the decision to award 200 billion euro to Russia in damages for Russian assets seized by Euroclear due to sanctions. kommersant.ru/doc/8741446
Russian Business news 18/06/2026: Russia's largest FMCG retailers opened only 282 500 square meters of new stores in Q1 2026 which is a decreased of 36,4% year over year and the lowest value in 15 years. The reason is a drop in consumer demand. kommersant.ru/doc/8740443
The interest rate on short term deposits in Russian banks went up over the last month. The rate on 3 month deposits in Russia's top 20 largest banks rose from 13,27% to 13,44%. kommersant.ru/doc/8740482
According to the Association of Tour Operators of Russia the number of new hotel bookings in Crimea in June 2026 has dropped by 25-50% due to the issues with fuel in Southern Russia. kommersant.ru/doc/8740422
Russian Business news 17/06/2026: For the period January-May 2026 the sale of honey on the Russian market decreased by 7-8% in terms of physical volumes. The drop is due to the increase in the price of honey by 12-16% year over year. kommersant.ru/doc/8739516
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