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

Russia’s economy keeps driving its war, but it could break in 2026

Problems in the oil sector, a possible banking crisis and consumer woes lie ahead for Russia’s economy as four years of heavy military spending come due. Read More

Ruble’s World-Beating Rally Poses New Risk for Russian Economy

Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and threatens to undermine the nation’s wartime economy. Read More

Russia’s war economy nears breaking point

Although President Donald Trump claims that Russia has the upper hand in its war against Ukraine, economists say that the country’s position is weaker than ever. The Kremlin has burned through most of ... Read More

Russia’s economy is struggling. But that won’t bring Putin to the negotiating table for years

The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit and shrinking energy revenues. But analysts say the Kremlin could weather the storm ... Read More

Russia’s slowing wartime economy pushes Kremlin to increase taxes and fees

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 Oil Reveals The Cracks In Russia’s War Economy

Though Russia's war machine is slipping, the proposed peace plan by the United States does not take advantage of the economic pressure on Moscow, asking Ukraine to make several concessions. (Photo by ... Read More

Ukraine’s Oil Strikes Are Hurting Russia’s War Economy

Ukraine’s deep-strike drones have hit half of Russia’s major oil and gas facilities, reducing refining capacity and fueling domestic fuel shortages. New long-range systems like the Lyutiy drone and ... 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

America Just Quietly Admitted It Can’t Crush Russia’s Economy

Western efforts to strangle the Kremlin’s war machine have been systematically undermined by European nations’ desire to continue buying Russian oil and natural gas. The United States and its allies ... Read More