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 ...
Putin's Economy Suffers Another Blow
Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...
Russian economy in crisis as arms exports collapse by over 90% and mass bankruptcies loom
The country has "failed" as an arms exporter, with a leading Putin ally warning the defence sector faces mass bankruptcies ...
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Anti-Russian Sanctions: How to Make Them Work as Desired and Expected to Prevent Russia Making Billions to Sustain its War Effort
The measures that urgently need to be undertaken include making improving updates to the oil price cap mechanism, blocking ...
Russia’s War Economy Shows New Cracks After the Ruble Plunges
President Vladimir Putin said there isn’t any reason for Russians to panic after the currency fell to its lowest level since ...
Russia's economy will need to adapt to new US sanctions, economy minister says
The Russian rouble will strengthen when temporary speculative factors and market nervousness are gone, but the economy will ...
What Does Ruble's Sharp Fall Mean for Russia's Economy?
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury ...
Russia’s ruble is still worth less than a penny, and the Kremlin’s piggy bank for propping it up is running low
Russia's sovereign wealth fund has been tapped repeatedly to prop up the ruble, leaving the Kremlin with less firepower to ...
The ruble is down, the price of potatoes is up. But is Russia's economy really in trouble?
The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is ...
Russia economy on the brink as Putin orders company not to publish financial results
Vladimir Putin has close ties with Transneft and the company's leadership and strategy have long been shaped by Kremlin ...
Russia's economy struggles to find workers as defence sector poaches staff
"Bus number seven was not running this morning," Olga Slatina wrote on social media from the Sverdlovsk region in Russia's ...
War More Than Economy? Russia's all-time defense spending is 'alarming' around the world [Now News]
Russia, which has been at war with Ukraine for three years, has confirmed its biggest defense budget ever.Russian President ...