Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, ...
The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have ...
MOSCOW (Reuters) -President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation. "As for the decline from more than 4% GDP growth: ...
Melissa Lawford, the article’s author, highlights that in October, Russia’s Federal Security Service (FSB) opened a criminal ...
The ministry's estimate shows GDP expanded 0.6% year-on-year in July-September, down from 1.1% in the second quarter, 1.4% in ...
The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession, even after its own data showed GDP has been shrinking this year. The latest cut brought rates down ...
Russia's central bank on Friday cut its key interest rate, but warned inflation was still too high, amid growing fears of an economic slowdown after bloated spending on the Ukraine offensive. Russia's ...
SCOTT BESSENT, America’s treasury secretary, recently used a metaphor to describe the state of play in the Russo-Ukrainian war. “We are in a race,” he said. “How long can the Ukrainian military hold ...
Russia faces a fuel crisis, with gasoline prices rising over 30 percent due to Ukrainian drone strikes on refineries. The economy is slowing, with GDP contracting and inflation nearing 10 percent, ...