Economy News Faisal Islam Russia’s War Economy Cannot Last But Has Bought Time
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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
EU allies fueling Russia's war economy – Reuters
European countries are increasing imports of Russian energy, bringing Moscow billions of euros in revenue to finance its war economy, Reuters reports. According to the publication, since 2022, the EU ... Read More
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