RUSSIA FINANCE MINISTRY

Jun 12 2026BUSINESS

Finance Leaders Guide AI’s Value in Big Oil

Finance chiefs are stepping up to decide how artificial intelligence can truly help a company grow. At Chevron, the CFO looks at AI not as a tool that can do tasks, but as a way to boost results and fix limits. She says the question is: “How can AI improve performance? ” Inside Chevron, tea

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Jun 10 2026FINANCE

Finance Teams and the New AI Age: A Call for Data Respect

Finance groups are now using artificial intelligence to look beyond simple numbers and predict future trends. The shift means they must decide not only if AI is helpful but also how it will be used responsibly. A new idea called “data dignity” has emerged, urging teams to keep data use clear a

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Jun 06 2026TECHNOLOGY

New AI Skills Needed for Finance Jobs

Finance roles are shifting. At a recent summit, a top executive from an AI firm said today’s hiring standards have changed. She explained that knowing Excel was once a must for finance staff, but now she would also require familiarity with an AI coding tool called Codex. This software lets users giv

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Jun 05 2026POLITICS

Russia talks peace but keeps pushing forward

Russian President Vladimir Putin recently spoke to news editors in St. Petersburg, making a few surprising remarks about the war in Ukraine. He suggested that Russia could both keep fighting and still be open to a peace deal at the same time. "One doesn't rule out the other, " he said, explaining th

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Jun 03 2026FINANCE

Oil‑Revenue Surge Shakes Russia’s Budget

Russia’s government earned a record 9. 3 billion dollars from oil and gas taxes in May, up more than a third compared with last year. The rise comes as global oil prices climb after tensions in the Middle East, giving the country a much-needed boost. The tax haul now makes up about 20 percent of

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Jun 03 2026TECHNOLOGY

Siberian Banks Pitch “Home‑Made” AI to Developing Nations

Russia’s largest bank is offering its own artificial‑intelligence tools to countries in Latin America, Africa, Asia and Oceania that worry about privacy and cultural fit in Western products. The bank’s chief AI officer said the system is not as fast or large as top U. S. models, but it follows local

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Jun 02 2026FINANCE

Russia struggles to balance war costs with economic stability

Russia is facing tough choices as its war spending in Ukraine clashes with growing financial strain. Officials in Moscow have quietly warned that the current defense budget is unsustainable, risking deeper economic trouble. The Finance Ministry and central bank argue that without cuts elsewhere, the

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May 31 2026POLITICS

Russia’s Desperate Hunt for Tech Under Sanctions

Russia is scrambling to get its hands on advanced technology from the West, not just to keep its military running but to stay relevant in the long run. With sanctions squeezing its economy and years of war draining resources, Moscow is turning to spies, fake companies, and cyberattacks to steal what

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May 30 2026POLITICS

Russia Pulls Back Its Ambassador From Armenia Ahead of Elections

Russia decided to bring back its ambassador from Armenia for talks, showing disapproval of the country’s growing friendship with the European Union. The move comes as Armenia plans a vote on June 7, and its leader looks to strengthen ties with the West. Armenia, a small nation of about 3 million

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May 27 2026POLITICS

Russia Lets Banks Fight Back Against Drones

Russia has adopted a new law that gives its central bank and major banks the right to set up defense systems and arm employees so they can stop drone attacks without involving military forces. The law, approved by the lower house of parliament, is a response to the frequent drone strikes launched fr

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