Economy News Russia S War Torn Economy Hits Its Speed Limit
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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
New economic troubles hit Russia’s war-weary economy
When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... Read More
Trump administration hits Russia's top oil firms with sanctions to stunt war funding, urges ceasefire
The Treasury Department under President Donald Trump sanctioned Russia’s two largest oil producers, Rosneft and Lukoil, on Wednesday, escalating pressure on the Kremlin to end its war in Ukraine. Read More
U.S. Oil Sanctions Strike at Russia’s Economic Lifeline
The Trump administration imposed new sanctions on the Russian oil companies Lukoil and Rosneft as the talks to end the Russia-Ukraine war have stalled. Photo: Alex Brandon/AP BRUSSELS—The U.S.’s new ... Read More
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