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The Kremlin Wants to Cool Down The Russian Economy. Why That Could Be A Problem
After years of torrid growth, propelled by government spending to fuel the war on Ukraine, Russia’s economy is grinding to a crawl. Read More
Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession
A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical recession. Read More
Putin ally issues dire warning about Russian economy
Sberbank chief German Gref said Russia could soon face recession if the key interest rate is not cut drastically. Read More
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