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 Economy Is Getting Crushed By Sanctions and Ukraine War Costs

Russia Could Be Headed for Recession Russia could be teetering on the edge of a recession as it straddles the double-edged sword of sanctions and a growing war budget. German Gref, Sberbank’s veteran ... Read More

Putin Wagers Ukraine’s Army Will Break Before His Economy Does

Moscow’s military goal isn’t so much to capture land as to exhaust Ukraine’s forces, until Kyiv is forced to capitulate. Putin is likely to reduce his aims and accept a deal that Ukraine and the West ... Read More

Russia Slashes 2025 Economic Growth Forecast to 1.5% From 2.5%

MOSCOW (Reuters) -Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister ... Read More

Trump’s misreading of Russia has cost Ukraine. Now Putin is making his intentions clearer than ever

US President Donald Trump’s belief he could somehow, through force of personality, convince his Russian counterpart, Vladimir Putin, that he wanted a peace deal was, at best, overly generous to ... Read More

Pressure on Russia's economy intensifies as full-scale invasion of Ukraine continues

Russia's financial regulator has published an order defining nine criteria by which banks may introduce a temporary limit on cash withdrawals from ATMs. The statement on the website of the Central ... Read More

Russian oil refineries, terminals burn as Ukraine hits Putin's war economy

The attacks disrupted Moscow's oil processing and exports, and created gasoline shortages in some parts of Russia. Read More

Russia Is Losing the War—Just Not to Ukraine

But summits and sweatshirts won’t make Russia a superpower. Only a credible show of strength can do that. The war in Ukraine was meant to supply this, but it has instead become a slow-motion ... Read More

Failure To End Russia's War In Ukraine Costs More Each Day

The Russian Federation launched a drone and missile strike across Ukraine last Thursday. During the attack, two missiles damaged an American electronics factory in western Ukraine. Several other ... Read More

Ukraine Deal To End Russia's War 'Practically Impossible': Putin

A peace deal to end the Russian war in Ukraine is "practically impossible," President Vladimir Putin said, citing "technical difficulties" and casting doubt on Ukraine's political will. Nevertheless, ... Read More

Russia slashes 2025 economic growth forecast to 1.5% from 2.5%

Spending on war in Ukraine, high interest rates slowing economy Official forecast was 2.5% for 2025 Russia also cuts forecast for industrial production Russia's key interest rate is at 18% MOSCOW, Aug ... Read More