Economy News Vladimir Putin’s War In Ukraine Has Cost Russia’s Economy 5 Of Growth, U S Treasury Says
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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
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
Ukraine's Oil Strikes Are Hurting Russia's War Economy
Ukraine's expanding long-range and swarm-drone campaign has already disabled 10% of Russia's oil refining capacity, cutting fuel supplies and export revenues while pressuring the core of the Kremlin's ... Read More
A slowing wartime economy pushes the Kremlin to tap consumers for revenue
Russia's economy has slowed after two years of robust growth fueled by the war in Ukraine. That's opening a hole in the Kremlin's budget, and President Vladimir Putin is looking for money to cover ... 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
As Trump pushes Ukraine to give Russia land for peace, a wounded soldier asks, "How much more can we give?"
As President Trump pushes Ukraine to accept a Russian landgrab in exchange for peace, a wounded soldier asks, "How much more can we give?" ... Read More
Putin deplores US sanctions as ‘unfriendly’ while EU joins in heaping restrictions on Russia
BRUSSELS (AP) — The European Union on Thursday heaped more economic sanctions on Russia, adding to U.S. President Donald Trump’s new punitive measures the previous day against the Russian oil industry ... Read More
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