Economy News Putin Runs The Russian Economy In The Same Heavy Handed Way He Navigates His Yacht, Researcher Says
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A slowing wartime economy pushes the Kremlin to tap consumers for revenue
Russia's economy has slowed after two years of robust growth fueled by the war in Ukraine. That's opening a hole in the Kremlin's budget, and President Vladimir Putin is looking for money to cover the ... Read More
Russia’s struggling economy hit by new financial setbacks
When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... Read More
The Cracks in Russia’s War Economy

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ... 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. Political fortunes turn fast. One day in August, US president Donald Trump and ... Read More
The 3 economies US vows to 'crush' as Trump deals Putin hammer blow
The move is intended to up the pressure on the Kremlin leader to engage meaningfully in peace negotiations over Ukraine, which he has so far refused to do. Read More
Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts. By Alan Rappeport Reporting from Washington President Trump ratcheted America’s ... Read More
US Imposes 'Substantial' Sanctions On Russian Oil Companies Over Putin's 'Refusal To End Senseless War'

The United States imposed what it called "major" sanctions on Russian oil companies on October 22, saying the action was "a result of Russia’s lack of serious commitment to a peace process to end the ... Read More
Oil prices surge as Trump hits Russian energy giants with sweeping new sanctions

Oil prices jumped on Thursday after the U.S. imposed sanctions on major Russian oil companies over Russia's war in Ukraine. Brent crude futures were up 5%, while West Texas Intermediate crude futures ... Read More
Trump says he and Putin will meet in Budapest to discuss end to Russia-Ukraine war

Washington — President Trump says he and Russian President Vladimir Putin will meet in Budapest to discuss how to end Russia's war in Ukraine, following what Mr. Trump described as a "lengthy" call ... Read More
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