Economy News Faisal Islam Russia’s War Economy Cannot Last But Has Bought Time
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New economic troubles hit Russia’s war-weary economy
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
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
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