Russia's economy burst at the seams amid sanctions and low oil prices

Due to sanctions and falling oil prices, the Russian economy has begun a gradual transition from stagnation to recession. What this looks like and experts' forecasts are analyzed in a report by ... Read More

Russian economy meltdown continues as Kremlin forced to sell state assets

The Kremlin is considering privatizing public assets to strengthen the Russian economy as Western sanctions ... simply a waste of money." He added: "No one wants to buy such useless minority ... Read More

Kremlin says there are issues in Russian economy though situation stable overall

There are issues in the Russian economy now, same as in almost all countries, though overall the situation is stable, Kremlin Spokesman ... In this case Russia is no exception," he said. Read More

Russian economy hedged from global volatility-related risks, says Kremlin

The Russian ... global economic volatility, which do not influence Russia’s macroeconomic indicators, Kremlin Spokesman Dmitry Peskov told reporters on Wednesday. Read also Putin says economic ... Read More

Down But Not Out: The Russian Economy Under Western Sanctions

No matter the outcome of ongoing ceasefire negotiations over the war in Ukraine, Russia will remain an acute security threat to Ukraine, Europe, and the United States. The sanctions tool kit will ... Read More

Russian economy in trouble as oil prices spill?

Kremlin spokesman Dmitry Peskov emphasized the tense global economic situation and assured that Russian authorities are taking steps to mitigate the impact. Amid fears of a recession, OPEC Plus ... Read More

Oil Price Plunge Could Severely Impact Russia's Economy

Russia's Central Bank warns that falling oil prices and tariff wars threaten the Russian economy ... Russian news agency TASS quoted Kremlin spokesman Dmitry Peskov as saying. Read More

Russian economy meltdown as £24bn wiped from Moscow's markets with worst crash in 18 years

Kyrylo Shevchenko, former Governor of Ukraine’s National Bank, highlighted the scale of the crisis, which he said had “hammered” Russian ... The Kremlin’s efforts to shield the economy ... Read More

Russia's economy is on track for its biggest contraction in 3 decades amid sanctions over the Ukraine war

The Russian economy is set for its biggest contraction in about three decades amid sweeping sanctions over the Ukraine war. Russia's GDP "will, of course, decline," former finance minister Alexei ... Read More

Russian economy meltdown as price of key item surges 50% and 'industrial growth flatlines'

Russia is raising the cost of sweets in the country by 50% as the economy continues to flatline, according to a Ukrainian economist. Kyrylo Shevchenko says that the price increase is not due to ... Read More

Russian economy slows sharply, with more turmoil on horizon

New data point to sharp economic slowdown Oil price fall creates new risks Industrial sectors outside defence are stagnating Pressure rising on central bank to lower rates MOSCOW, April 8 (Reuters ... Read More

Fall in oil prices poses risk to Russian economy, TASS cites central bank chief

MOSCOW, April 8 (Reuters) - A sharp drop in global oil prices triggered by U.S. President Donald Trump's tariffs poses a risk to the Russian economy, the state TASS news ... EIA says 4:51 PM ... Read More