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The Kremlin Wants to Cool Down The Russian Economy. Why That Could Be A Problem
After years of torrid growth, propelled by government spending to fuel the war on Ukraine, Russia’s economy is grinding to a crawl. Read More
Russia cuts interest rate to 17% as strains show in wartime economy
Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget ... Read More
Pressure on Russia's economy intensifies as full-scale invasion of Ukraine continues
Russia's financial regulator has published an order defining nine criteria by which banks may introduce a temporary limit on cash withdrawals from ATMs. The statement on the website of the Central ... Read More
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