Economy News Russia S War Economy Is Looking A Lot Like The Soviet Union S

Putin Has a New Ukraine Problem: Russia’s War Economy Is in Big Trouble

After more than three years of war in Ukraine, Russia’s economy is showing severe signs of strain. -Moscow reported a $51 billion budget deficit for the first eight months of 2025, and its central ... Read More

Russia's economy takes a hit: Zelenskyy shares impact of Ukraine's deep strikes

Strikes by the Ukrainian Armed Forces on oil refining facilities deep inside Russia have significantly affected Russia's economy. Due to these attacks, Russia has lost over 20% of its oil refining ... Read More

Russia's small businesses cry foul over war economy tax hikes

Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 small business owners, many of whom say they will have no choice but to ... Read More

Russia’s war economy is running out of steam

Massive military spending has kept GDP high. But years of costly conflict are finally taking their toll, with Russia facing a nasty mix of high prices, stagnant lending, plummeting growth and corporat ... Read More

Putin’s War Machine Is Now Built Into the Russian Economy

Even if the guns fall silent in Ukraine, Russia’s economy may never step off the battlefield. Years of massive defense outlays have locked the country in a state of militarization that’s transformed ... Read More

Russia's economic growth may be too weak to sustain defense and social spending, a top business leader warns

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