Economy

India to steer BRICS in 2026 amid Trump-era turmoil

India has taken over the presidency of the highly influential and economically powerful grouping for 2026

Gazprom warns of unusually rapid depletion of EU gas storages

The EU could face gas shortages as storage levels slip below 60%, Russian energy major Gazprom has warned

Europe’s LNG imports hit record 142 bln cubic meters in 2025

In December, LNG imports also hit a record 12.7 billion cubic meters

War-torn Sudan sees gold mining boom

Sudan produced 70 tonnes of gold in 2025, exceeding planned targets, the state-owned company says

From collapse fears to resilience: How Russia reshaped its economy by the end of 2025

A deep dive into how state influence, Asian trade, and domestic production are reshaping the Russian economy

Luxury rubble: Real estate prices in Russian-occupied Donbas skyrocket despite widespread destruction, shelling, and water shortages

Housing prices in Russian-occupied parts of the Ukrainian Donbas have risen by 30% to 40% since 2020. For most local residents, housing has become entirely unaffordable. Paradoxically, proximity to the front line is what makes the housing “elite” — it is being bought up by Russian soldiers who have been deployed to Donbas and want to sleep in apartments rather than in dugouts or barracks. As a result, despite constant strikes, interrupted water supply, and the general chaos of war, apartments in Donetsk can cost several times more than in the comparatively calm city of Rostov.