Economy News Russia S War Economy Is Looking A Lot Like The Soviet Union S
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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
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
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
U.S. Oil Sanctions Strike at Russia’s Economic Lifeline
The Trump administration imposed new sanctions on the Russian oil companies Lukoil and Rosneft as the talks to end the Russia-Ukraine war have stalled. Photo: Alex Brandon/AP BRUSSELS—The U.S.’s new ... Read More
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