Economy News The Russian Economy Is In Bad Shape, No Matter What The Kremlin Says Russian Economist

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

Russia's economy has slowed after two years of robust growth fueled by the war in Ukraine. That's opening a hole in the Kremlin's budget, and President Vladimir Putin is looking for money to cover the ... 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

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. Political fortunes turn fast. One day in August, US president Donald Trump and ... 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

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. By Alan Rappeport Reporting from Washington President Trump ratcheted America’s ... Read More

Will latest Russian sanctions finally break Putin’s resolve?

Donald Trump has targeted the “economic equivalent of Russia’s crown jewels” with a new wave of sanctions, said Sky News. The president has slapped fresh restrictions on Russia’s two largest oil ... Read More

Russian economy likely to grow by 0.8% in 2025 — Sberbank CEO

Herman Gref said that growth rates of the Russian economy will be at the level of 1-1.5% during the next two years MOSCOW, October 23. /TASS/. The Russian economy will most probably grow by about 0.8% ... Read More