Putin said he's eying higher taxes on the rich to bankroll the Ukraine war and pointed to a precedent set by the US

Russia's central bank expects the economy to expand just 1% to 2% this year, down from 4.3% in 2024. Read More

Putin says Russia is curbing economic growth to control inflation, recession 'far away'

President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation and that the world's second largest oil exporter was far away from a ... Read More

Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical recession. Read More

Putin's clash with Russia's top banker shows increasing disconnect over war economy, experts say

A recent clash between Russian President Vladimir Putin and Sberbank CEO German Gref shows an increasing disconnect between the Kremlin and Russia's economic community, experts say. Gref, head of ... Read More

Russia's Putin rejects cautions about stagnating economy from top bankers

President Vladimir Putin has dismissed sentiments from Russia’s most prominent banker that the country’s economy is slipping into stagnation. He defended the central bank’s high interest rate policy, ... Read More

Putin's ally nuclear strike warning as US threatens to 'collapse Russian economy'

Vladimir Solovyov, a presenter on Russian state television and close ally of Vladimir Putin, made the chilling threat this week as the US plots new sanctions against Russia ... Read More

Russia's Putin denies economy is stagnating, as evidence suggests otherwise

Putin says many dissatisfied with high interest rates Central bank's graph shows economy in recession Putin warns of high inflation's negative impact Putin says Russia can increase deficit, borrow ... Read More

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

Putin Says Economy Not Stagnating, Backs Bank of Russia on Rates

President Vladimir Putin rejected a top banker’s warning that Russia’s economy is showing signs of stagnating, as he backed the central bank’s efforts to curb inflation by hiking interest rates to ... 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

Trump Warns of ‘Economic War’ If Putin Doesn’t Pursue Peace

(Bloomberg) -- US President Donald Trump warned of “an economic war” if he cannot get Russia’s Vladimir Putin and Ukraine’s Volodymyr Zelenskiy to end their conflict, saying he had “very serious” ... Read More

Russia's Putin denies economy is stagnating, as evidence suggests otherwise

VLADIVOSTOK, Russia (Reuters) -President Vladimir Putin denied on Friday that Russia's economy was stagnating, despite a report from the central bank that suggests it is technically in recession. In a ... Read More