Economy News Russia’s Economy Is Overheating

Russia's largest lender sees economy cooling for another year

Russia's economy is seeing "continued cooling" with growth likely to remain at around 1% next year and business activity remaining weak for four to five quarters, a senior executive at Sberbank, the ... 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's top banker warns Moscow is fighting the wrong economic battle

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How many more years of war Russia's economy can withstand: Expert forecast

The Russian economy will be able to finance the war against Ukraine at its current level of intensity for two more years, provided that China continues supporting it by purchasing its oil, according ... Read More

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

Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ... Read More

Europeans announce fresh sanctions on Russian economy, trade in latest push to end Ukraine war

The European Union unveiled sweeping new sanctions targeting Russia’s economy and energy trade Friday, days after President Trump urged NATO nations to halt all oil purchases from Moscow. The bloc’s ... Read More

Russia's oil revenues plunge just as US sanctions hit when Moscow can least afford it

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Huileng Tan Every time Huileng publishes a story, you’ll get an alert straight to your inbox! Read More

Exclusive-Russia's Industrial Titans Furlough Workers as Its War Economy Stalls

MOSCOW (Reuters) -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 ... Read More

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

Russia's war on inflation could be blinding policymakers to a far bigger problem — stalled growth. Economic growth depends on labor productivity and employment, but both are under strain. A top ... Read More