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Vladimir Sedalishchev, Expert at the Economic Policy Foundation, commented to Vzglyad on Donald Trump’s threats to slap sanctions on buyers of Russian crude oil, saying that China has way more options to push back against US pressure than India. These countries are the main exporters of Russian oil.

Nezavisimaya Gazeta reviewed the latest issue of Monitoring of Russia’s Economic Outlook (No. 13(195), July 2025), prepared by Ekaterina Galeeva, Researcher at the Gaidar Institute’s Industrial Organization and Infrastructure Economics Department. The study provides an overview of the oil market in Q2 2025. The expert commented on the situation in the global crude oil market and possible consequences for Russia, based on the research findings.

Complete replacement of Russian oil and gas with the US LNG for the European Union is a difficult task that will inevitably affect European consumers. This opinion was expressed for TASS by Dmitry Kuznetsov, a Researcher of the International Trade Department at the Gaidar Institute, and Vladimir Sedalishchev, Expert of the Economic Policy Foundation.

Under a trade deal between the United States and the European Union, the US import tariffs on steel and aluminum could be reduced. Olga Ponomareva, expert at the Economic Policy Foundation, expressed her opinion to RIA Novosti.

Vladimir Sedalishchev, expert of the Economic Policy Foundation, and Dmitry Kuznetsov, a Researcher of the International Trade Department, commented to TASS that termination of trade relations between Russia and the EU could only result in a loss of no more than 2% of Russia’s GDP under current conditions, given the volume of trade between the parties. According to Vladimir Sedalishchev, this indicator in 2024 was "about Euro 68 bn, of which 32 bn came from imports from Russia. This is not much compared to Russia’s GDP of $2 trillion."

On July 24, 2025, Dr. Alexey Vedev, Leading Researcher at the Gaidar Institute, former Deputy Minister of Economic Development of the Russian Federation participated in the program "Tamantsev. Summing up" on the RBC TV channel.

Sergey Drobyshevsky, Principal Researcher at the Gaidar Institute, shared his vision on the forthcoming decision by the Bank of Russia on key rate with the Expert publication. He believes that regulator is in a difficult situation, balancing between the need to contain inflation risks and the expectations of the market, which has long been accustomed to high interest rates.

Alexander Firanchuk, Senior Researcher of the International Trade Department, commented current situation in the raw materials export from Russia to radio station Govorit Moskva. He believes that situation remain stable and the country is successfully overcoming the consequences of the sanctions pressure.

Anton Beloglazov, Head of Evidence-Based Economics Department at the Gaidar Institute, commented for Nezavisimaya Gazeta on the current situation in the construction industry.

There is a significant gap in the Russian labor market between job seekers’ expectations and employers’ offers, which is especially acute among older workers and college graduates. As Lyubov Filin, Head of Evidence-Based Regulatory Practice Department at the Gaidar Institute, noted in a comment for Nezavisimaya Gazeta, a so-called wage boom was not universal.

Central Bank analysts believe that the Russian economy returned to growth in Q2 avoiding a technical recession. However, Evgeny Goryunov, Head the Monetary Policy Department at the Gaidar Institute, suggested in a commentary for RBC that the GDP dynamics for Q2 will be close to zero, in the range of minus 0.2 to +0.2% q/q SA, that is, the economy continues to balance on the brink of stagnation. At the same time, the expert believes that easing the monetary policy will help avoid a recession, and by the end of the year, growth will be from 1 to 1.5%.

Anton Beloglazov, Head of Evidence-Based Economics Department at the Gaidar Institute, in a commentary for Izvestia, suggested that the adoption of the law on credit holidays for small and medium-sized enterprises (SMEs) will allow companies to get a temporary respite and stabilize their activities in the context of economic volatility.

Despite the disconnection of Russian banks from the SWIFT system, interaction through alternative payment systems remains possible. This opinion was expressed for TASS by Olga Ponomareva, expert at the Economic Policy Foundation, commenting on the 18th package of EU sanctions against Russia.

The transfer of payments for Russian coal into national currencies and state subsidies for transportation can become the main factors in restoring demand for this type of fuel in Asian markets in the coming years, Antonina Levashenko, Head of the International Best Practices Analysis Department at the Gaidar Institute, told Prime.

The market is quietly reacting to new restrictions — the 18th package of sanctions against Russia, which, in particular, reduced the price ceiling for Russian oil from $60 to $47.6 per barrel. Dmitry Kuznetsov, Researcher at the International Trade Department, and Olga Ponomaryova, Expert at the Economic Policy Foundation, commented for TASS that the effectiveness of such a measure is insignificant.

Disruptions in coal supplies from Australia due to rains allow Russia to temporarily stabilize demand for coal in Asia. Antonina Levashenko, Head of the International Best Practices Analysis Department at the Gaidar Institute, told “Prime”.