Russia economy meltdown as Putin's minister admits country's deficit has soared to £29bn
While revenues did increase by 26%, this was not enough to offset Russia's staggering spending costs, exacerbated by the ...
Hosted on MSN8d
Pressure on Vladimir Putin ratchets up as Russian economy dealt hammer blow
The Central Bank was forced to hike rates late last year, as inflation threatened to spiral out of control. Officials have ...
Hosted on MSN8d
Russian economic turmoil leads to potential mass layoffs at Gazprom and Sberbank
The Kremlin is facing a growing economic crisis, with interest rates surging to a record high of 21%. Officials have not ...
Russian economic meltdown as thousands 'to be laid off' in banking and energy sectors
Many Russian firms are now struggling to pay back loans and could face bankruptcy, including those in the energy and banking ...
News Of Bahrain14d
Russia’s Gazprom plans HQ job cuts after loss of EU market
In the letter, dated 23 December 2024 and sent to Gazprom chief Alexei Miller, deputy chairperson Yelena Ilyukhina said the company should reduce the number of employees at its headquarters from “more ...
Business Insider14d
Gazprom, Russia's energy giant, is discussing a 40% cut to its HQ staff as the war keeps Moscow cut off from Western customers
An icon in the shape of a lightning bolt. Impact Link Russian energy giant Gazprom is considering a 40% cut to its headquarters staff after posting its first loss in 24 years, according to a ...
Businessinsider.nl14d
Russia’s energy giant is planning to cut 40% of its HQ staff as Moscow’s war snatches away its Western customers
In the proposal, Elena Ilyukhina, the board’s deputy chairperson, wrote that wages for Gazprom managers had risen several times in the last two decades to about $486.5 million a year.
Yahoo Style UK15d
Over 630,000 people in Scotland to get help with heating bills this winter
The Scottish Government has confirmed that more than 456,000 people on low incomes will receive Winter Heating Payments of £58.75 before the end of next month. Social Justice Secretary Shirley-Anne ...
Yahoo Finance15d
Gazprom, Russia's energy giant, is discussing a 40% cut to its HQ staff as the war keeps Moscow cut off from Western customers
In the proposal, Elena Ilyukhina, the board's deputy chairperson, wrote that wages for Gazprom managers had risen several times in the last two decades to about $486.5 million a year. "The ...