Russia’s old economy is gone, and its wartime transformation has the military primed for a resurgence, former State Dept. official warns

The unprecedented sanctions regime that the West imposed on Russia after its invasion of Ukraine hasn't stopped Vladimir Putin's war machine, but it still transformed his economy, according to a ... Read More

Russian economy meltdown as mortgage costs 'triple' and companies launch mass-layoffs

Russia’s economy is in danger of unraveling, with industrial output plummeting and major companies initiating large-scale layoffs as the toll of three years of war with Ukraine takes its ... Read More

Why Russia's economy is booming despite the war and Western sanctions

In June of this year, a news release issued by the U.S. Treasury Department offered a confident headline about its Russia ... thanks to the war economy, which is running at full speed. Read More

Russian economy meltdown as Gazprom hit with £10bn losses and '1,500 jobs to be cut'

Russia's under-pressure economy and Vladimir Putin have been dealt ... The company's financial woes were compounded by plummeting share prices in its subsidiary Gazpro Neft and an increased ... Read More

Russia’s economy would struggle to cope with peace

Putin has built an overheating war economy ... and lack the skills needed in the civilian economy. A line chart showing that Russian rates hit 20% after the Ukraine invasion, before more than ... Read More

Rouble hits two-year low against the dollar – what does it mean for Russia's economy?

Don't miss the latest investment and personal finances news ... war economies must transfer resources from the private sector to the military. High interest rates have that effect. Russia’s ... Read More