Economy News Russia’s Economy Is Overheating
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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
IMF sees no 'bounce back' in Russian economy, warns of further damage if sanctions expanded
Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and could see further damage if those sanctions are expanded to hit energy ... Read More
Russia’s Central Bank Cuts Key Rate as New Sanctions Loom
The cut comes as an already slowing economy braces for the impact of fresh sanctions in response to President Vladimir Putin’s continued war on Ukraine. 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
Nabiullina announced the Central Bank's attempts to prevent the economy from returning to the 90s
The monetary policy of the Bank of Russia is aimed at preventing a repeat of the economic crisis of the 90s. On October 30, the head of the Bank of Russia, Elvira Nabiullina, said this at a plenary ... Read More
Kremlin rejects Trump's view that the Russian economy could collapse
MOSCOW (Reuters) -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 ... 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
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
Ukraine Hits Back at Russia’s Economy
After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Read More
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