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

Tatyana Rybakova: Russia's economy in the late 2020s will look a lot like the late Soviet economy

Because of my work, I am obliged to read closely, watch attentively and listen carefully whenever Russian politicians and officials talk about the economy. Lately, after working my way through the ... Read More

Russia’s economy keeps driving its war, but it could break in 2026

Problems in the oil sector, a possible banking crisis and consumer woes lie ahead for Russia’s economy as four years of heavy military spending come due. Read More

Russia’s war economy is not collapsing, but neither is it stable

Russia’s war economy is not collapsing, but neither is it stable. It survives by pushing strain into the future – into labour markets, public finances and the everyday lives of Russian households. Read More

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

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. Read More