Economy News Russia S War Torn Economy Hits Its Speed Limit
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Russia’s economy is hurting so bad that even Putin can’t outrun the crisis
Rising pressures Over the past year, the Central Bank of Russia implemented steep interest-rate hikes to combat accelerating inflation, pushing the key rate up to 21% before easing it to 16.5% in ... Read More
Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years
Russian lawmakers have endorsed new tax hikes as Moscow tries to boost its economy during its almost four-year war with Ukraine. Read More
Putin In Panic as Russia’s Economy Faces $100 Billion “Time Bomb”
Russia’s war-time economy is under severe strain with billions in hidden risks piling up in its banking sector and a looming budget crisis that could shake the Kremlin’s control. Read More
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