Economy News Russia S War Torn Economy Hits Its Speed Limit
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IMF sees no 'bounce back' in Russian economy, warns of further damage if sanctions expanded
Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and could see further damage if those sanctions are expanded to hit energy ... Read More
Ukraine Hits Back at Russia’s Economy
After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Read More
Russia's economy takes a hit: Zelenskyy shares impact of Ukraine's deep strikes
Strikes by the Ukrainian Armed Forces on oil refining facilities deep inside Russia have significantly affected Russia's economy. Due to these attacks, Russia has lost over 20% of its oil refining ... Read More
Crisis ahead? How new US and EU sanctions will hit Russia's economy
The latest US and EU sanctions could accelerate a crisis in the Russian economy and push it into a full recession. In Ukraine, experts believe the potential financial losses for Russia could be ... Read More
Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War
After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts. Read More
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