In recent years, the process of import substitution in the Russian economy has taken on a large-scale character; however, its development remains uneven and “stop-and-start” in nature: in some segments it is possible to quickly replace Western goods and services that have left the market, while in others progress is significantly slower due to technological and infrastructure constraints.

The Minister of Finance of the Russian Federation stated at the St. Petersburg International Economic Forum that in the near future Russia will fully repay the external public debt.

The UAE’s withdrawal from OPEC sets a dangerous precedent for the organization’s other members. If the UAE proves that leaving OPEC does not entail serious adverse consequences and, on the contrary, creates favorable conditions for the country’s economy, this could provoke a “domino effect.”

Russian business is used to measuring success by EBITDA, market share, and dividends. But behind the polished façades of corporations lies a global crisis — a total inability of executives to legally put their life on pause.

Why does a brilliant strategy fail at the implementation stage? Most often, the issue isn’t the employees, but the leader losing touch with three key points in the system. Let’s break down real management mistakes and the tools that help regain control over business processes and prevent a crisis.

Over the course of life, people inevitably experience losses—the death of loved ones, breakups, the loss of a job or business, health or savings, the collapse of plans for the future. So how should you behave if someone dear to you is going through such a tragedy?

On August 1, 2026, at the VDNH Green Theater, with the support of the Presidential Fund for Cultural Initiatives, the First All-Russian Musical Festival of Soviet Song "Voices of the Heirs" kicked off. The festival officially opened with a "Songs of the War Years" concert performed by the legendary A. V. Alexandrov Academic Song and Dance Ensemble of the Russian Army. Nearly two hundred artists of the ensemble, founded almost a century ago, took the stage of the Green Theater: soloists of the choir, which is considered one of the benchmark male choirs in the world, an orchestra with a unique lineup where Russian folk instruments sit alongside brass, and a dance group renowned across all continents.

“Fragile Art. Pastels from the Graphic Arts Collection of the 18th — Early 20th Century” is the title given to this unique exhibition. Around 150 works from the collection of the Tretyakov Gallery are on display, including masterpieces by Mikhail Vrubel, Valentin Serov, Ilya Repin, Natalia Goncharova, and Nicholas Roerich. Visitors enter a suite of dimly lit halls with the most carefully regulated climate in the gallery — conditions required for works created in this beautiful yet vulnerable technique.

At the Benois Wing of the Russian Museum in St. Petersburg, a large-scale retrospective of Pyotr Konchalovsky, “Garden in Bloom,” dedicated to the 150th anniversary of the artist’s birth, runs until September 14, 2026.

Recently in Accra, at the partner Russian House of the Center for Public Diplomacy, an intensive course was launched to help Ghanaian students of the targeted enrollment program adapt to life in Russia before they soon leave to study at Novosibirsk State Technical University (NSTU).

An 8% decline in the number of students in India's primary schools over the past two years could lead to serious consequences.

As of January 1, 2025, Russia has 1,115 higher education institutions, with Lomonosov Moscow State University taking first place in the ranking of the best universities in Russia in 2024. But which other institutions train highly qualified specialists?