Economy · September 2026

On September 1, 2026, Russian steel demand is reviving as war damage drives construction, according to industry reports. Russia has called Europe's use of frozen assets a crime, while the digital ruble enters a new phase in the country's financial digitalization. President Putin commented on why Europe stopped buying Russian gas and outlined an unusual scheme for Kyiv's grain exports, also noting falling living standards in one country. Russia imported nearly 460,000 tons of motor fuels by sea in August, data shows. The EU is eyeing Arctic resources to cut dependence on China. Russia’s Starlink rival falters as an entire satellite batch missed its target altitude. A Putin envoy warned of the Russian economy going 'berserk' on a war footing.