Russia, grappling with a severe manpower shortage, has introduced a new recruitment incentive by offering to forgive debts of up to approximately $95,000 for soldiers joining the military.
Russia's largest telecoms operator MTS said on Friday it would cut around 2% of staff and abandon high-cost mergers and acquisitions as it seeks to reduce its debt burden while interest rates are at ...
Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin pushes ahead with the Ukraine war.
Russia's largest telecoms operator MTS said on Friday it would cut around 2% of staff and abandon high-cost mergers and acquisitions as it seeks to reduce its debt burden while interest rates are ...
Russian President Vladimir Putin signed a law forgiving up to $95,835 in debt for new army recruits who sign at least one-year contracts to fight in Ukraine. This measure, effective from December ...