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 ...
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 ...
The Russian Economy's Biggest Problem Right Now
Putin has a long list of economic concerns. So we asked the experts: What is the Russian economy's greatest vulnerability?
Putin's Economy Suffers Another Blow
Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...
Exclusive-Top Russian banker says sanctions-hit economy will slow in 2025
Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark ...
Russian rouble collapse exposes deep problems in the country’s economy
However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the ...
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Putin's War Effort Strains Russian Economy
Russia's newly approved budget reveals a record-high allocation for defense spending, signaling an intensified commitment to ...
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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 ...
Who Is Nomma Zarubina? US Accuses Russian Woman of FSB-Tied Influence Op
According to the FBI document, Zarubina emigrated to the U.S. in roughly 2016, after graduating from the Russian Academy of National Economy and Public Administration. She then worked as a political ...
Russian supermarkets see spike in butter theft as economic crisis leaves people desperate
The reports come after years of crippling sanctions on Russia after Vladimir Putin launched a full-scale invasion of Ukraine.
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Russian food prices are soaring — but no one dares blame Putin and the war
Russian President Vladimir Putin has denied that Russia has exchanged “butter for guns” and blamed the price rises on ...
Russian economy still growing, largely due to defense spending, say U.K. analysts
Despite a raging war, both Russia and Ukraine have seen economic growth in 2024 — about 3.6% for Moscow and 3% for Kyiv — ...