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

Russia’s War Economy Is Quietly Cracking – and Putin Knows It

Russia’s war economy is starting to show strain. As Ukraine’s drones hit targets deep inside Russia, the Kremlin is scrambling to plug mounting fiscal gaps with VAT hikes, new excise taxes and ... Read More

How many more years of war Russia's economy can withstand: Expert forecast

The Russian economy will be able to finance the war against Ukraine at its current level of intensity for two more years, provided that China continues supporting it by purchasing its oil, according ... Read More

Cracks In Russia’s War Economy

After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can no longer disguise its distress. Read More

Russia's industrial titans furlough workers as its war economy stalls

Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ... 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

Experts on how to raise the cost of war for Russia: ‘Be cleverer’

Three and a half years since Russia’s full-scale invasion of Ukraine, with a US-led peace process on ice and a stalemate on the battlefield, Kyiv’s allies are calling for renewed economic pressure on ... 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

Russia's top banker warns Moscow is fighting the wrong economic battle

Russia's war on inflation could be blinding policymakers to a far bigger problem — stalled growth. Economic growth depends on labor productivity and employment, but both are under strain. A top ... 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

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

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