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

Russia’s economy keeps driving its war, but it could break in 2026

Problems in the oil sector, a possible banking crisis and consumer woes lie ahead for Russia’s economy as four years of heavy military spending come due. Read More

Tatyana Rybakova: Russia's economy in the late 2020s will look a lot like the late Soviet economy

Because of my work, I am obliged to read closely, watch attentively and listen carefully whenever Russian politicians and officials talk about the economy. Lately, after working my way through the ... Read More

Russia’s war economy is not collapsing, but neither is it stable

Russia’s war economy is not collapsing, but neither is it stable. It survives by pushing strain into the future – into labour markets, public finances and the everyday lives of Russian households. Read More

How Oil Reveals The Cracks In Russia’s War Economy

Though Russia's war machine is slipping, the proposed peace plan by the United States does not take advantage of the economic pressure on Moscow, asking Ukraine to make several concessions. (Photo by ... Read More

Russia is still exporting plenty of oil — but earning far less to fund its war on Ukraine

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Huileng Tan Every time Huileng publishes a story, you’ll get an alert straight to your inbox! Read More

Russia’s slowing wartime economy pushes Kremlin to increase taxes and fees

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. Read More

America Just Quietly Admitted It Can’t Crush Russia’s Economy

Western efforts to strangle the Kremlin’s war machine have been systematically undermined by European nations’ desire to continue buying Russian oil and natural gas. The United States and its allies ... Read More