Our overview of the widespread labour shortages Russia is facing as unemployment drops to a record low 2.3%. Construction, police, farming and IT are just some of the many sectors struggling across Russia as workers take lucrative defence contracts.

Russia is looking for ways to maintain soaring defence spending . That likely means higher taxes and spending cuts because Russia is running budget deficit far wider than planned and its economy is cooling rapidly. Story here 👇.

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RT @PJTheEconomist: Very good piece. Those who still seem to think we can have our cake and eat it (aka increase spending without increasin….

RT @GuyReuters: Russia's factory activity in June contracts at fastest pace since March 2022

U.S.-owned Glavprodukt, a large food canning business in Russia, was seized by the Kremlin in October. Now, plans are afoot for the company to be used to supply food to the Russian army, a document seen by Reuters showed. Story, with @ahirtens here👇 .

Large fund managers expect the bulk of Russia's assets to remain closed to Western investors, despite a flurry of "exotic" trades betting on a rapprochement between Moscow and Washington.

Economist Elina Ribakova has described Russia as an economy “running around on cocaine”. Kicking the habit will be painful.

RT @ARJourdan: One morning in October, three men entered the Moscow HQ of Glavprodukt, Russia's largest maker of canned food. One announced….

RT @ahirtens: Life after expropriation: an exclusive look inside Western companies that have been seized by the Kremlin. “They have compl….

RT @ChristopherJM: 🚨 NEW: @FT investigation reveals evidence that Russian executions of Ukrainian POWs are likely part of a systematic poli….

RT @BurggrabenH: Excellent summary by former head of MI6, Sir Alex Younger, of this new era in geopolitics…adapt or die. .

RT @seythal: Reuters Explainer: Will Western companies return to Russia as Trump warms up to Putin? by @alexmarrow57.

RT @DavidWalshST:

RT @Reuters: Thomson Reuters said its business with the Department of Defense was 'inaccurately represented' after accusations on social me….

Stick or twist?. That is the choice facing Western companies still operating in Russia as Donald Trump returns to the White House with a promise to end the war in Ukraine Ukraine while Moscow's tougher exit conditions make it costlier to leave.

Almost 18 months after Moscow seized Carlsberg's Russian assets, the Danish brewer is selling up for around $320 million. Not the buyers Carlsberg originally had in mind, and at a sharp discount, but a sale nonetheless.

Russia's war economy is overheating. Labour shortages are pushing up wages. So, people have money to travel, but Western sanctions are holding back Russia's aviation sector. A nuanced look at Russia' plane shortage 👇.

Rising interest rates (now at 21%!) mean some Russian companies are on the hook for ballooning interest payments. Russian Railways, the logistics cog in Russia's war machine, expects interest alone to cost it $7 bln in 2025. A jump of around $4 bln.

RT @Reuters: 🔊 @alexmarrow57 explains why we might be coming close to peak GDP growth levels in Russia, on the Reuters Econ World podcast h….

Enjoyed chatting to @carmelcrimmins for this week's @Reuters Econ World podcast, discussing the transition of Russia's economy from stagnation to war footing. You can listen here 👇.