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

Russia is facing a new economic problem

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

How Russia’s Economy Is Booming Despite Sanctions — And Why It Doesn’t Depend On India’s Oil Purchases

New Delhi: When Western economists predicted that Russia’s economy would implode under the combined weight of sanctions, battlefield costs, and isolation, their models seemed logical. After all, ... Read More

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

The Cracks in Russia’s War Economy

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ... Read More

The Russia-Ukraine missile war is draining Putin’s economic lifeblood

The invasion of Ukraine is becoming a long-range missile war, as both sides seek military advantage away from the blood-soaked, muddy, drone-saturated death traps of the eastern Ukraine trenches. 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

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

Russia plans to drop tax breaks for small businesses in 2026 Business lobbies say the sector is a shock Economists say measure will create a 'tax spiral' Small businesses, economists warn of closures, ... Read More

Trump’s challenge: Hurting Putin without harming Americans at the gas pump

President Donald Trump’s sanctions crackdown on Russia risks undermining one of the bright spots in the Trump economy: tame gas prices. The surprising decision to punish Russia, the second-biggest ... Read More

Kremlin rejects Trump's view that the Russian economy could collapse

MOSCOW (Reuters) -The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, saying that Russia had considerable reserves and was ... Read More

Ukraine welcomes new U.S., EU sanctions against Russia, as top Russian official declares them "act of war"

Ukraine's leader welcomed a raft of new economic sanctions against Russia being imposed by the Trump administration and the European Union on Thursday, calling the increased pressure on Moscow "very ... Read More