Economics

July 24, 2024 22:10

• Kadyrov instructs State Duma member Delimkhanov to protect “Wildberries” Company

  The leader of Chechnya promised Vladislav Bakalchuk, a husband of the richest woman in Russia, that he would not let the Bakalchuk family be destroyed and would “go to the end” to stop the raider takeover of the “Wildberries” Company. Ramzan Kadyrov announced that he had given instructions on the case to Russian State Duma member Adam Delimkhanov.

June 27, 2024 21:42

• Analysts: European sanctions seem to be formality for Kadyrov Foundation

  Fundraising for the Akhmat Kadyrov Foundation is carried out mainly in Russia and mainly in cash, so sanctions imposed by the European Union (EU) are not able to significantly affect the activities of the Akhmat Kadyrov Foundation, analysts note.

June 25, 2024 18:51

• Kadyrov Fund and mother of Chechen leader get under EU sanctions

  The European Union (EU) has included Aimani Kadyrova, the mother of the head of Chechnya, and the Kadyrov Fund into the sanctions list. Ramzan Kadyrov said that the sanctions only confirm his mother's merits.

June 14, 2024 19:56

• Economist Zubarevich assesses potential of investment projects in Northern Caucasus

  The agreements on the creation of a “Wildberries” logistics hub in North Ossetia and a plant for the production of polymer pipes in Budyonnovsk look like the most realistic of all the investment projects for Northern Caucasus concluded at the Saint Petersburg Economic Forum, economist Natalia Zubarevich suggests.

March 02, 2024 17:10

• Analysts assess impact of Western sanctions on heads of Caucasian regions

  The sanctions imposed by Western countries on the regional heads of Northern Caucasus are of a political nature; they have no real economic impact on them, since their interests are concentrated in the Middle East, analysts believe.

January 07, 2024 18:38

• Kadyrov offers to release Ukrainian POWs in exchange for lifting sanctions

  The head of Chechnya has stated that he is ready to release 20 Ukrainian prisoners of war (POWs) if the sanctions introduced against his relatives, as well as his horses and aircrafts, are lifted.

December 09, 2023 23:57

• Caucasus experts treat the cost of undertaking Hajj as unaffordable

  This year, the cost of making a Hajj trip starts at USD 4900. According to Caucasus experts, this cost is unaffordable for most residents; they will have to rely on sponsors who could pay for their trip.

October 18, 2023 17:08

• Dagestani MPs appeal to Putin concerning problem of Irganai resettlers

  More than 50 Dagestani MPs called on President Vladimir Putin to pay attention to the problems of residents of villages flooded during the commissioning of the Irganai hydroelectric power plant in 2008. Villagers have been seeking compensation during a long time.

August 25, 2023 23:46

• US Treasury announces sanctions against Kadyrov's mother and Chechen officials

  Ramzan Kadyrov's mother Aimani, Mansur Soltaev, the Chechen Ombudsperson, Muslim Khuchiev, the Chairman of the Chechen Government, and Zamid Chalaev, the commander of the special police regiment named after Akhmat Kadyrov of the Chechen Ministry of Internal Affairs (MIA), have been put on the sanctions list of the US Treasury Department.

August 09, 2023 20:25

• Social media users outraged by calls of “Chechenenergo” to save electricity

  The “Chechenenergo” Company should provide the necessary power instead of turning off the electricity during the hot weather and calling on residents to save electric power. This was a reaction by social media users in response to the company’s calls to save energy.

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