Russia economy panic as move from banking boss causes Vladimir Putin's cronies to 'squeal'
Russia central bank's decision to raise interest rates to record highs to curb inflation caused by the Ukraine war has left oligarchs furious.
Putin acknowledges a key pain point in Russia's economy
Putin called for "coordinated joint efforts" from the Russian government and the central bank to curb inflation.
Putin Increasingly Worried About Russian Economy: ISW
During his address, the Russian president boasted of an unemployment rate of 2.3 percent although the ISW said the Russian president "failed to note" record low joblessness was because many are fighting in Ukraine and "that Russia is suffering significant labor shortages," that have fueled inflation.
Desperate Vladimir Putin makes major fiscal change as Russian economy crumbles
Vladimir Putin has made the change as western imposed economic sanctions continue to bite the country following the invasion of Ukraine.
Russian economy meltdown as major crisis hits Putin with workers 'at their limit'
"Cracks have started to emerge" in the Russian economy as Putin's labour force begins to run dry, it has been warned. In October, interest rates were raised to to a 21-year high of 21% to curb rampant inflation - despite the misgivings of Putin's oligarchs.
Putin's Economic Problems Could Get 'Much Worse'—Ukraine
Dwindling sales of Russia's natural gas and oil show how energy exports will not help the growing economic problems that Vladimir Putin is facing, his former deputy energy minister has told Newsweek.
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Putin's Russia 'crumbling' as dictator faces meltdown and crises 'pushes workers to limit'
The Russian economy is in crisis as Vladimir Putin's labour force runs dry, with the country's central bank warning that ...
Russia's sky-high interest rates will struggle to fight inflation in the sanctions-stricken economy, top Russian bank CEO says
Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top ...
Syria Could Be the Beginning of the End of Russia’s Ambitions
Our columnists write how the house of cards that Vladimir Putin has so carefully stacked is folding before our eyes ...
Russian central bank governor says Dec. 20 rate hike not pre-determined
Another key interest rate hike is possible at the central bank's Dec. 20 rate-setting meeting, but such a decision is not pre ...
Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation
Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022, in the early days of the war against ...
Ruble's Plunge Signals Trouble for Russian Economy
Russia's economy is facing a perfect storm of challenges, including a plummeting ruble, soaring inflation, and the impact of Western sanctions.
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Can Russia sustain its war effort as ruble plummets, inflation soars?
The tight monetary policy of Elvira Nabiullina, the central bank's chief, has prompted a backlash from businesses, ...