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The Russian Economy's Biggest Problem Right Now
Putin has a long list of economic concerns. So we asked the experts: What is the Russian economy's greatest vulnerability? Read More
Russia's currency crisis as sanctions bite
Rouble plunges to lowest rate against dollar since invasion of Ukraine as economic toll finally begins to be felt ... Read More
Russian rouble collapse exposes deep problems in the country’s economy
However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the EU and Australia imposed a cap on the price of Russian oil, which led to ... Read More
Russia's sky-high interest rates will struggle to fight inflation in the sanctions-stricken economy, top Russian bank CEO says
Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top bank chief said. Read More
Russia's economy is so driven by the war in Ukraine that it cannot afford to either win or lose, economist says
That all puts the Kremlin in a tough position, no matter ... in Russia. "A protracted stalemate might be the only solution for Russia to avoid total economic collapse," Foucart wrote. "The Russian ... Read More
Exclusive: Top Russian banker says sanctions-hit economy will slow in 2025
Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark interest rate may climb to 23% by the end of this year, Andrei Kostin, CEO ... Read More
Russia’s economy might’ve never been as strong as it seemed
Russia’s economy is wobbling under a mountain of pressure, and the cracks are becoming harder to hide. This week, the ruble plunged to 114 against the dollar, ... Read More
Russia's economy is heading toward a fate worse than recession, pro-Kremlin economists say
With inflation still running hot, that could create a nightmare outcome for Kremlin officials: stagflation. "As a result of the central bank's actions, the Russian economy is effectively facing ... Read More
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