Economy News Russia’s Economy Is Overheating
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Russia’s economy keeps driving its war, but it could break in 2026
Problems in the oil sector, a possible banking crisis and consumer woes lie ahead for Russia’s economy as prices for Russian oil plummet over sanctions. Read More
Russia’s economy is struggling. But that won’t bring Putin to the negotiating table for years
The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit and shrinking energy revenues. But analysts say the Kremlin could weather the storm ... Read More
Nabiullina announced the exit of the Russian economy from overheating in 2026
The economy of the Russian Federation will recover from overheating in the first half of 2026. This was announced on December 19 by the Chairman of the Central Bank of Russia, Elvira Nabiullina.She ... Read More
Some Russians are spending like no tomorrow with 'considerable' overheating in the economy
Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy. Read More
Russia is looking to rein in the country's property boom as it tries to cool an overheating economy
Russia's government has shelled out about half a trillion rubles since 2020 to fund a program that offered mortgages at rates as low as 8%. Read More
Russia's wartime consumer boom is cracking as shoppers tighten their wallets
Russia saw a surge in consumer spending after its 2022 invasion of Ukraine, even as sweeping sanctions hit the economy. Read More
Russia’s central bank cuts key rate, but policy to stay tight
The bank is loosening the restraints to prevent the economy from overheating as the government spends heavily on its full-scale invasion of Ukraine and workers become scarce. Read More
Putin: tax increase in Russia will not last forever
Tax increases in Russia will not last forever, they are temporary measures. This was stated by Russian President Vladimir Putin during the "Results of the Year" on December 19."Whether it will last ... Read More
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