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Economy News Russia%E2%80%99s War Torn Economy Hits Its Speed Limit | RobinsPost News & Noticias

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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