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

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

New economic troubles hit Russia’s war-weary economy

When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... Read More

Ukraine says Putin will end the war only when victory is impossible and the costs outweigh gains

Kremlin leader Vladimir Putin will be forced to end the war in Ukraine when two factors converge: the illusion of possible victory and the cost of continuing the war, said Ukrainian Foreign Minister ... 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

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

How the U.S. plans to starve Russia's 'war machine' -Treasury's Adeyemo to Reuters

WASHINGTON (Reuters) -The United States is ramping up sanctions against Russia to deprive Moscow's "war machine" of money and components needed to sustain its invasion of Ukraine, but curbing a main ... Read More

Putin's investment envoy Dmitriev continues talks with US officials

MOSCOW, Oct 26 (Reuters) - Russian President Vladimir Putin's special envoy for investment and economic cooperation, Kirill Dmitriev, said on Sunday that he had continued talks with representatives of ... Read More

Putin brandishes a new nuclear-powered missile as he digs in over Russia's demands on Ukraine

Facing Trump’s call for a quick ceasefire and bruising, new U.S. sanctions on Russia’s oil industry, Putin is again reminding the U.S. and other Western allies of Kyiv about his nuclear arsenal to ... Read More

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

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