This is pretty bad news for universities in Russia, coming on top of existing major cuts. It is notable that this mostly affects certificate mills with dubious credentials and very shady practices that have sprung up since the 90s, but will also affect some state-funded institutions. While there is clearly a long-overdue crackdown in progress on unethical companies pretending to offer education but really just selling certification, this doesn't seem to tell the whole story and the article does not explain the underlying problems that this is a solution for. It makes me wonder whether this is just a local problem in Russia, or whether it is a part of a more general trend. I presume there may be some places where universities are gaining ground but, for the most part, the news I read suggests that most, the world over, are in more or less worsening straits. Is there any research out there on this as a global phenomenon?
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