Economy News Russia S Wartime Economy Is Flush With Resources And Is Weathering Western Sanctions, European Economist Says

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 ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation,” And in June, Economy Minister Maxim Reshetnikov warned that Russia was ... Read More

U.S. and EU sanctions deal major blow to Russia’s wartime economy — Financial Times

The newspaper described the sanctions as “throwing sand into the gears of Russia’s war machine,” warning that their impact should not be underestimated during a prolonged conflict. The Trump ... Read More

How Russia's shadow fleet of oil tankers evades western sanctions

The U.S. and other western countries have issued sanctions on Russian oil exports since 2022. The Planet Money team explains how the country's shadow fleet of aging oil tankers evades policing. We're ... Read More

Russia furious as Trump sanctions target the heart of Putin's war economy

Russia reacted with outrage Thursday after the United States imposed substantial sanctions on its two largest oil companies, the first economic punishments slapped on Moscow by President Donald Trump ... Read More

Trump administration hits Russia's top oil firms with sanctions to stunt war funding, urges ceasefire

The Treasury Department under President Donald Trump sanctioned Russia’s two largest oil producers, Rosneft and Lukoil, on Wednesday, escalating pressure on the Kremlin to end its war in Ukraine. Read More

News Wrap: Europe follows U.S. lead and imposes new sanctions on Russia

In our news wrap Thursday, European officials followed Washington’s lead in approving economic measures aimed at pressuring Russia to end its war in Ukraine, Lithuania's president said Russian ... Read More

Putin Calls U.S. Sanctions ‘Unfriendly Act’ and Says Russia Won’t Bend

President Vladimir V. Putin warned of an overwhelming response if the Trump administration arms Kyiv with powerful missiles it seeks. By Ivan Nechepurenko and Anton Troianovski A day after President ... Read More

Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a ... Read More