Economy News Russia’s Economy Is Overheating

Kremlin rejects Trump's view that the Russian economy could collapse

The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, saying that Russia had considerable reserves and was strong enough to ... Read More

Russia pushes back against Trump warning that the Russian economy is near collapse

By Olesya Astakhova and Vladimir Soldatkin MOSCOW (Reuters) -One of President Vladimir Putin's top economic officials on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian ... Read More

Russia's economic growth may be too weak to sustain defense and social spending, a top business leader warns

Russia's GDP growth is expected to fall short of the 2% annual growth target required to cover defense, security, social spending, and investment. Read More

Situation, including inflation, developing in line with CBR's macroeconomic forecast - Zabotkin

The CBR has said that monetary policy is currently tough enough for inflation to slow down. The speed at which the CBR lowers the key rate will be proportionate to progress in restoring inflation to ... Read More

Russia's industrial titans furlough workers as its war economy stalls

From railways and automobiles to metals, coal, diamonds and cement, some of Russia's biggest industrial companies are putting employees on furlough or cutting staff as the war economy slows, domestic ... Read More

‘Considerable margin of safety’: Kremlin dismisses Trump’s warning of Russian economic collapse

As for the Russian economy, it has a sufficient and considerable margin of safety to allow the country’s leadership and all of us to implement the plans that we set for ourselves,” Kremlin spokesman ... Read More

Trump’s pro-Ukraine shift a ‘strategic move’ based on new intel showing Russian battlefield, economic losses

WASHINGTON — President Trump’s dramatic pronouncement Tuesday that Russia is a “paper tiger” is based on new US intelligence that shows the Kremlin is spiraling toward economic ruin and battlefield ... Read More

Russia’s Military Budget Shrinks as War Costs Hit Kremlin’s Economic Limits

The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition. By Ivan Nechepurenko Russia’s military budget is set to fall for the first time ... Read More