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 ...
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 ...
Russia's currency crisis as sanctions bite
Rouble plunges to lowest rate against dollar since invasion of Ukraine as economic toll finally begins to be felt ...
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 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 ...
Putin makes it official: Russia is all in on defense spending
A top Russian banker said last week that he expects Russia's economic growth to slow next year.
Tensions Rise Among Russia’s Elite as Economic Growth Slows
The Kremlin’s seemingly endless war has persuaded Russian business elites to seek short-term profit in an overheated economy ...
Putin's Economy Suffers Another Blow
Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...
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 ...
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Easing of Russia-West tensions uncertain under Trump: Top banker
The next U.S. administration may make an effort to ease tensions with Moscow but Western sanctions are unlikely to be lifted ...
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 the uproar over the rising price of potatoes.One lawmaker is calling on the ...