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Russia cuts interest rate to 17% as wartime economy slows while deficit grows
Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget defic ... Read More
Russia’s economy slows sharply as deficit widens and costs mount

Russia’s central bank cut its benchmark interest rate by one percentage point to 17% on Friday, seeking to support the economy as growth slows and war costs widen the deficit. The step reverses part ... 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
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