Russia’s Economy Is Getting Crushed By Sanctions and Ukraine War Costs

Russia Could Be Headed for Recession Russia could be teetering on the edge of a recession as it straddles the double-edged sword of sanctions and a growing war budget. German Gref, Sberbank’s veteran ... Read More

Ukraine's economic police need more to fight shadow economy, director says

Ukraine's fledgling economic police need more resources to crack down properly on an untaxed shadow economy worth billions of dollars and create an investor-friendly climate, its director said in an ... Read More

Russian oil refineries, terminals burn as Ukraine hits Putin's war economy

The attacks disrupted Moscow's oil processing and exports, and created gasoline shortages in some parts of Russia. Read More

Putin Wagers Ukraine’s Army Will Break Before His Economy Does

Moscow’s military goal isn’t so much to capture land as to exhaust Ukraine’s forces, until Kyiv is forced to capitulate. Putin is likely to reduce his aims and accept a deal that Ukraine and the West ... Read More

Russia’s economy has slowed elevenfold - Ukraine's Center for Countering Disinformation

The Russian government has acknowledged that economic growth has come to a halt. Over six months, growth rates have dropped elevenfold, and entire sectors have already slipped into recession, with ... Read More

Putin economy on brink as Ukraine's 1,000 km missile range wiping out oil supply

Kyiv's offensive deep within Russian territory could have the potential to cripple Moscow's economy. Within the past few days, Kyiv has struck at least 10 plants deep within Russian territory, which ... Read More

Trump’s misreading of Russia has cost Ukraine. Now Putin is making his intentions clearer than ever

US President Donald Trump’s belief he could somehow, through force of personality, convince his Russian counterpart, Vladimir Putin, that he wanted a peace deal was, at best, overly generous to ... Read More