Comment of the Day

07.04.2026

Central Bank calculates savings rate in Russian Federation

For the first time, the Bank of Russia has presented a quarterly estimate of the household savings rate — an indicator reflecting the share of public income that is not spent on current consumption. It allows for the evaluation of not only current demand but also its potential expansion. According...

For the first time, the Bank of Russia has presented a quarterly estimate of the household savings rate — an indicator reflecting the share of public income that is not spent on current consumption. It allows for the evaluation of not only current demand but also its potential expansion. According...

07.04.2026

China plans to regulate services using digital virtual humans

The Cyberspace Administration of China has prepared draft rules for regulating services using digital virtual humans and on Friday began soliciting public opinion on the draft.

The draft requires that providers of services using digital humans—human-like virtual beings capable of voice communication or other forms of interaction—must constantly display a prominent...

The Cyberspace Administration of China has prepared draft rules for regulating services using digital virtual humans and on Friday began soliciting public opinion on the draft.

The draft requires that providers of services using digital humans—human-like virtual beings capable of voice communication or other forms of interaction—must constantly display a prominent...

08.09.2025

Russia's private consumption continues to grow faster than economy

Based on the latest macroeconomic statistics from Rosstat, in June-July 2025, the economy continued to slow down, but not due to private consumption, but due to industry, according to analyst estimates. Although the government still expects Gross Domestic Product growth of more than 1.5% by the end of the year,...

Based on the latest macroeconomic statistics from Rosstat, in June-July 2025, the economy continued to slow down, but not due to private consumption, but due to industry, according to analyst estimates. Although the government still expects Gross Domestic Product growth of more than 1.5% by the end of the year,...

How roots replaced revolutions in Kyrgyzstan’s collective memory

Following the break-up of the USSR and Kyrgyzstan’s independence, it was only this year that the Krygyz Parliament decided to abolish the official celebration of the Russian October Revolution and replace the theme of the holiday held on November 7 by that of “Kyrgyz roots and ancestors”. Whether or not...

Following the break-up of the USSR and Kyrgyzstan’s independence, it was only this year that the Krygyz Parliament decided to abolish the official celebration of the Russian October Revolution and replace the theme of the holiday held on November 7 by that of “Kyrgyz roots and ancestors”. Whether or not...