Economy News Russia Says It S No Longer Scared Of Western Sanctions – But Its Economy Is Still Under Pressure

How fragmented sanctions prolong the war and empower Russia’s defense industry

Nearly four years into Russia’s full-scale invasion of Ukraine, its military-industrial complex continues to function almost undisturbed. Despite multiple rounds of sanctions and export controls, ... Read More

American sanctions are putting Russia under pressure

On paper, America’s sanctions are the most potent imposed on Russia since 2022. They threaten to cut off from American finance anyone, even foreigners, who facilitates sales by the two giants, which ... Read More

Russia's Sechin says the West could face economic crisis due to sanctions

Igor Sechin, one of the most influential men in Russia's energy sector, said on Tuesday that sanctions imposed by the United States, European powers and their allies on Russia and China will trigger ... Read More

Astropolitics After Ukraine: How Sanctions Rewired Russia’s Space Economy

US sanctions on Russia’s space industry triggered a rapid restructuring, focused on domestic production, Chinese cooperation, and new partners across the Global South. Few observers expected Western ... Read More

The Cracks in Russia’s War Economy

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ... Read More

Russia's Lukoil Says It Plans to Sell International Assets Due to Western Sanctions

MOSCOW (Reuters) -Russia's second-largest oil producer, Lukoil, said on Monday it would sell its international assets following sanctions over Ukraine announced last week by the United States. The ... Read More

Russia's largest lender sees economy cooling for another year

Russia's economy is seeing "continued cooling" with growth likely to remain at around 1% next year and business activity remaining weak for four to five quarters, a senior executive at Sberbank, the ... Read More

Russia furious as Trump sanctions target the heart of Putin's war economy

Russia reacted with outrage Thursday after the United States imposed substantial sanctions on its two largest oil companies, the first economic punishments slapped on Moscow by President Donald Trump ... Read More

Russia develops 'antidotes' to Western sanctions, relies on its own tech — MFA

Russian Foreign Ministry Spokeswoman Maria Zakharova noted that localization of production "has become a kind of trend in the global economy" MOSCOW, October 27. /TASS/. Russia has formulated ... Read More

Putin Calls U.S. Sanctions ‘Unfriendly Act’ and Says Russia Won’t Bend

President Vladimir V. Putin warned of an overwhelming response if the Trump administration arms Kyiv with powerful missiles it seeks. By Ivan Nechepurenko and Anton Troianovski A day after President ... Read More

Putin says Russia will never bow to US pressure, warns on missiles

MOSCOW, Oct 23 (Reuters) - President Vladimir Putin said on Oct. 23 that Moscow would never bow to pressure from the United States or any other foreign power, and cautioned that it would deliver an ... Read More