Economy News Russia S Economy Is Spiraling The State Of Its Car Industry Shows Just How Badly It S Deteriorated
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A slowing wartime economy pushes the Kremlin to tap consumers for revenue
Russia's economy has slowed after two years of robust growth fueled by the war in Ukraine. That's opening a hole in the Kremlin's budget, and President Vladimir Putin is looking for money to cover the ... Read More
U.S. Oil Sanctions Strike at Russia’s Economic Lifeline
BRUSSELS—The U.S.’s new sanctions hit at the core of Russia’s faltering war economy and drew a swift rebuke from President Vladimir Putin, who acknowledged the potential impact on his country. On ... Read More
Could U.S. Sanctions Finally Cripple Russia’s War Economy?
The U.S., EU, and U.K. imposed sweeping sanctions on Rosneft, LUKoil, and Gazpromneft to target Moscow’s oil revenues. Analysts say the short-term effects will be limited as Russia shifts exports to ... Read More
Trump’s challenge: Hurting Putin without harming Americans at the gas pump
President Donald Trump’s sanctions crackdown on Russia risks undermining one of the bright spots in the Trump economy: tame gas prices. The surprising decision to punish Russia, the second-biggest ... Read More
Russia’s struggling economy hit by new financial setbacks
When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... Read More
How the U.S. plans to starve Russia's 'war machine' -Treasury's Adeyemo to Reuters
WASHINGTON (Reuters) -The United States is ramping up sanctions against Russia to deprive Moscow's "war machine" of money and components needed to sustain its invasion of Ukraine, but curbing a main ... Read More
Russia's top banker warns Moscow is fighting the wrong economic battle
Russia's war on inflation could be blinding policymakers to a far bigger problem — stalled growth. Economic growth depends on labor productivity and employment, but both are under strain. A top ... Read More
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