Economy News Vladimir Putin’s War In Ukraine Has Cost Russia’s Economy 5 Of Growth, U S Treasury Says

Russia’s War Economy Is Quietly Cracking – and Putin Knows It

Russia’s war economy is starting to show strain. As Ukraine’s drones hit targets deep inside Russia, the Kremlin is scrambling to plug mounting fiscal gaps with VAT hikes, new excise taxes and ... Read More

Cracks In Russia’s War Economy

After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can no longer disguise its distress. Read More

‘Very High Cost’: Ukraine-Russia War in Grinding Stalemate

President Donald Trump is pushing for a quick negotiated settlement, and Russian President Vladimir Putin is pressing Kyiv to surrender territory. Both sides continue to claim battlefield victories, ... Read More

Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years

Russian lawmakers have endorsed new tax hikes as Moscow tries to boost its economy during its almost four-year war with Ukraine. Read More

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

Finance Minister Anton Siluanov said raising revenue was preferable to increasing borrowing, saying excessive borrowing “would lead to a speeding up of inflation, and as a result, to an increase in ... Read More

Could U.S. Sanctions Finally Cripple Russia’s War Economy?

The U.S., EU, and U.K. imposed sweeping sanctions on Rosneft, LUKoil, and Gazpromneft to target Moscow’s oil revenues. Analysts say the short-term effects will be limited as Russia shifts exports to ... Read More

Ukraine War Latest: Putin Gives Update on ‘Basis’ for Peace Deal, Russia Praises Trump ‘Realism’

A Putin ally has called for more detail in Trump's peace plan for Ukraine. Follow Newsweek's live coverage of the war. Read More

Ukraine “peace” would open an economic black hole

A Kremlin-favoured draft leaving Kyiv amputated from its Russian-occupied regions would have a severe economic impact. Moscow might escape paying for Ukraine's $600 bln reconstruction effort. And ... Read More

Vladimir Putin has no plan for winning in Ukraine

Fighting in Ukraine will grind on in 2026. Vladimir Putin will continue to throw away Russian lives pointlessly, but sooner or later a reckoning is coming ... Read More

Russia's top banker warns Moscow is fighting the wrong economic battle

Russia's war on inflation could be blinding policymakers to a far bigger problem — stalled growth. Economic growth depends on labor productivity and employment, but both are under strain. A top ... Read More

Don’t believe Putin’s lies: Russia is not winning in Ukraine

Russian dictator Vladimir Putin claims that victory in Ukraine is inevitable, and rejects any peace deal that doesn’t give him total control of the eastern part of the country, the Donbas. Don’t ... Read More

Putin claims Russian troops have surrounded 2 Ukrainian cities but Ukraine says that's not true

KYIV – Russian President Vladimir Putin claimed Wednesday that Russian troops have surrounded Ukrainian forces in two key eastern cities of Ukraine and offered to negotiate a deal for their surrender. Read More