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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.
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.
Hosted on MSN
2d
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 ...
7d
on MSN
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 ...
1d
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 ...
8d
on MSN
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 ...
13d
on MSN
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 ...
Kyiv Independent on MSN
13d
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, ...
7d
Putin urges government and central bank to coordinate action to curb high inflation
Russian President Vladimir Putin called for the government and central bank to coordinate their efforts to curb high ...
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