Putin signed a decree that institutes a moratorium on not paying fuel subsidies to refineries. For August 2025 fuel subsidies weren't paid to refineries and they complained they were losing 60-70 USD per each ton they refined and sold at market prices.
Here's the new video of how the Russian gasoline crisis progressed over the past 7 weeks. You can also hear me talk a bit more about the gasoline crisis tonight on @tochnyi.info . Tune in at 21:00 Kyiv time:
I am going to add Kemerovo region on the map because there are already gas stations without gasoline shown in pictures from the region. In Kansk which is a city of 85 000 gasoline prices start at 78,5 rubles per liter at the independent chains.
Russian reporting on the gasoline prices is now warning of cascading costs of goods due to the expected price increases of fuel and a country that's looking in the not too distant future to import 40-60% of the fuel it uses.
The Russian Central Bank lowered the USD exchange rate by 0,22 rubles from 81,41 rubles to 81,19 rubles per USD and the euro exchange rate by 0,65 rubles from 94,7 rubles to 94,05 rubles per euro.
Over the last 12 months the office space on offer for rent in Russia rose by 25% and the office space available for sale rose by 23%. This is due to the drop in demand which itself is causing prices for office buildings to decrease by up to 20%.
Shopping centers Mega will start offering their goods from the companies that are their tenants online on Sberbank's online marketplace under the Brand Mega Online. This will be launched as its own Megamarket online platform.
Russia is preparing for another phase of the exchange of frozen assets. This time it will not be state managed exchange but brokerage companies offering clients options to exchange. The lists will be finalized in November 2025.
The Russian government has approved the increase of the tax deduction for long term savings by parents of children from 400 000 in long term savings rubles per parent to 500 000 rubles per parent.
The Russian Ministry of Industry and Trade has proposed to develop a long-term methodology for calculating the indexation of fees for renting forest plots. This should map out how the fees increase til 2030.
The Russian MinFin is working with the Russian Central Bank to provide ways to buy out the minority shareholders of Yuzhuralzoloto. The issue is in the past minority shareholders also saw their shares nationalized without payment.
The Russian Federal Property Management Agency said that it doesn't have a mechanism under which to send offers to purchaser shares to minority owners of Yuzhuralzoloto. This is something the Central Bank insisted on.
Russian job offers that include the possibility to work from home increase by 17% compared to 2024 reaching a share of the total jobs on offer of 9% according to a study by Headhunter Ru.
The Russian market for IT solutions in 2025 is estimated to reach 3,9 trillion rubles and to grow to 4,5 trillion rubles in 2026. However growth in 2025 decreased to 10% down from 15-20% in 2024.
The Russian Ministry of Industry and Trade removed 5 manufacturers of lighting from the list of certified domestic producers as they purchased Russian LEDs to get certified and then switched to imported ones.
