Economy News Russia’s Economy Is Overheating

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 the ... Read More

Russia’s Economy Could Slip Into Recession by Year-End, Central Bank Warns

Russia’s economy could slip into recession by the end of the year after three consecutive quarters of slowing growth, the Central Bank has warned. According to the Economic Development Ministry, GDP ... Read More

Russian Central Bank acknowledges economic problems - Center for Countering Disinformation

The Central Bank of the aggressor country russia is already recognizing economic problems. This is reported by the Center for Countering Disinformation ... Read More

Russians are so nervous about the economy that the central bank took to Telegram to dismiss rumors about deposits being frozen

The high interest rates attracted a flood of bank deposits. Recently, rumors emerged that retail deposits could be frozen, prompting Russians to swarm the central bank with questions, the bank wrote ... Read More

Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says

Continuing the war means the economy faces stagnation, while ending it would shut off the massive defense spending that's driven growth, Alexander Mertens writes. Read More

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

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Russia laying off workers at flagships of military industry - Center for Countering Disinformation

The russian corporation Uralvagonzavod has announced that it will lay off 10% of its employees. By February 2026, the company wants to cut its metallurgical ... Read More

International forecasts for Russia’s economy consistently below reality — ministry

The International Monetary Fund lowered its 2025 GDP growth forecast for Russia to 0.6%, while keeping the 2026 estimate unchanged at 1%, according to the Fund’s latest World Economic Outlook report ... Read More

Key rate cut cycle, recovery from overheating — Bank of Russia Governor in Duma

MOSCOW, October 28. /TASS/. The Russian economy is currently moving along a scenario of a managed recovery from overheating, Central Bank Governor Elvira Nabiullina announced in the State Duma, the ... Read More