Economy News Putin Runs The Russian Economy In The Same Heavy Handed Way He Navigates His Yacht, Researcher Says

Russia pushes back against Trump warning that the Russian economy is near collapse

Russia on Wednesday pushed back at U.S. President Donald Trump's warning that gasoline shortages showed Russia's economy was nearing collapse. Read More

Massive embarrassment for Putin as 'once in 30 year crisis' hits Russian economy

Russia's coal industry is in freefall, buffeted by sanctions, soaring costs and plunging global prices, turning the sector into the economy's weakest link. Read More

Inside Russia’s war economy: How Putin turned growth into survival

For a while, it looked as if Russia’s economy had beaten the odds. After Western sanctions, oil embargoes and the cost of war weighing heavily, its economy bounced back faster than expected. Factories ... Read More

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

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 economy slows, domestic ... Read More

Putin’s War Machine Is Now Built Into the Russian Economy

Even if the guns fall silent in Ukraine, Russia’s economy may never step off the battlefield. Years of massive defense outlays have locked the country in a state of militarization that’s transformed ... Read More

Putin prepares to tax Russia’s rich as war chest runs dry

Vladimir Putin defends possible wealth taxes with historical comparison to ‘the United States during the Vietnam War and the Korean War’ - Vyacheslav Prokofyev/Pool Sputnik Kremlin Vladimir Putin is ... Read More

Putin said he's eying higher taxes on the rich to bankroll the Ukraine war and pointed to a precedent set by the US

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

Amid dwindling economy, number of Russian businesses falls to lowest levels since 2010, Foreign Intelligence Service says

Amid Russia's dwindling economic prospect, the number of registered businesses operating in in the country has fallen to lows not seen since 2010, Ukraine's foreign intelligence service (SZRU) ... Read More

Trump admits Putin ‘let me down’ on Ukraine peace talks as UK PM Keir Starmer says dictator ‘has shown his true face’

ELLESBOROUGH, England — President Trump admitted Thursday that Russian President Vladimir Putin “let me down” in Trump’s efforts to bring an end to Moscow’s invasion of Ukraine. “He’s let me down. Read More

Hungary’s Orbán tells Trump that dropping Russian energy would bring economy ‘to its knees’

BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orbán said Friday that Hungary will continue to source fossil fuels from Russia despite demands from his ally U.S. President Donald Trump, and ... Read More