Economy News Russia’s Economy Is Overheating

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

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

Explainer: How US sanctions on Russian oil majors will impact the rouble and economy

Here is a look at how U.S. sanctions on Russian oil firms Rosneft and Lukoil, which take effect at 1701 GMT on Friday, may affect the Russian foreign currency market. Read More

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. Read More

How Trump’s Attack on Russia’s Economy Is Ricocheting Through Oil Markets

U.S. sanctions on Russia’s largest oil producers, Lukoil and Rosneft, have kicked in and are starting to test Moscow’s ability to sell crude, its economic lifeblood. Read More

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

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Trump’s Oil Sanctions Strike at Russia’s Economic Lifeline

The Trump administration imposed new sanctions on Russian oil companies Lukoil and Rosneft as the talks to end the Russia-Ukraine war have stalled. Photo: Alex Brandon/Associated Press BRUSSELS—The ... Read More

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

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