Russia Lifts 2024 Growth Forecast as Economy Rides Sanctions

Russia’s Economy Ministry raised its 2024 growth forecast despite mounting sanctions over President Vladimir Putin’s war in Ukraine.Most Read from BloombergRay Dalio’s Famous Trade Is Sputtering, ... Read More

Russia's economic strength will last another 18 months before unraveling as Putin grapples with policy 'trilemma,' think tank says

Russia's economy could begin to see major challenges in the next year-and-a-half, think tank researchers write.  Putin is facing a policy "trilemma" as the nation wades through the third year of war ... Read More

Russia says its economy is off to a — mostly — roaring 2024

Russia's economy ... there are risks ahead, in part due to the "geopolitical situation." It didn't mention Ukraine or the war in its report but acknowledged the impact of sanctions. Read More

Russia's economy is now so isolated that it has few options other than the Chinese yuan for its reserves

Russia's central bank is feeling the heat from tightening Western sanctions. In a report released ... Russia's increasing reliance on the yuan shows its economy is becoming increasingly isolated ... Read More

Russia could turn on Putin as the nation's economic strength wanes and sanctions keep tightening, economists say

Russia's economic resilience in the face of sanctions will be challenged this year, economists say, and they predict that Vladimir Putin could lose the support of the people if the West ramps up ... Read More

Why Russia’s economy is doing so well – even if the good times won’t likely last

When Russia ... times the combined output of U.S. and European factories. Each day on the battlefield, it fires five times the number of shells as Ukraine. As Ukraine is bombed to rubble, its ... Read More

Russia’s Economy Picked Up in Early 2024 on Consumers, Exports

Russia, a top-three global oil producer, has faced several waves of western energy sanctions after it invaded Ukraine in 2022. Most recently, the US toughened its monitoring of the price caps on ... Read More

BOFIT: Forecast for Russia sees lower economic growth ahead

Net exports should have a neutral effect on future economic growth, while the impacts from sanctions ... times and currently stands at 16%. Further evidence of overheating is seen in Russia’s ... Read More

Russia-Ukraine War

A bitter and bloody war in Ukraine has devastated the country, further isolated Russia from ... that were the economic lifeblood of the towns and cities in Ukraine’s east. Read More

Russia says its economy is off to a — mostly — roaring 2024

The economic growth is due to an increase in consumer activity and wage gains. But there are potential risks ahead, including the potential impacts of sanctions on foreign trade. Russia's economy ... Read More