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

Russia’s economy is hurting so bad that even Putin can’t outrun the crisis

The inflation is more than double the numbers in Western countries - and that's just one of the troubling trends. Read More

Russia on the brink as Kremlin faces 'severe economic collapse' in just weeks

Russia is now "a militarised, ‘two-speed' system in which the military-industrial complex and war rents prop up growth by draining resources from the private sector", claimed Anton Geraschenko. Read More

Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years

Russian lawmakers have endorsed new tax hikes as Moscow tries to boost its economy during its almost four-year war with Ukraine. 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

MOSCOW (Reuters) -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 ... Read More

Ukraine Hits Back at Russia’s Economy

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Political fortunes turn fast. One day in August, US president Donald Trump and ... Read More

Could U.S. Sanctions Finally Cripple Russia’s War Economy?

The U.S., EU, and U.K. imposed sweeping sanctions on Rosneft, LUKoil, and Gazpromneft to target Moscow’s oil revenues. Analysts say the short-term effects will be limited as Russia shifts exports to ... Read More

How the U.S. plans to starve Russia's 'war machine' -Treasury's Adeyemo to Reuters

WASHINGTON (Reuters) -The United States is ramping up sanctions against Russia to deprive Moscow's "war machine" of money and components needed to sustain its invasion of Ukraine, but curbing a main ... 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

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