Putin says Russia is curbing economic growth to control inflation, recession 'far away'

President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation and that the world's second largest oil exporter was far away from a ... Read More

Russia's Defiant Economic Resilience Amid Sanctions

The Kremlin remains steadfast in its course in the Ukraine conflict despite heavy sanctions imposed by Western powers. President Putin emphasizes Russia's economic resilience, outperforming G7 ... Read More

EU looks to accelerate ban on Russian LNG in 19th package of sanctions, EU official says

The European Commission is discussing a proposal to accelerate a ban on Russian liquefied natural gas in its 19th package of sanctions against Moscow over its invasion of Ukraine, an EU official said. Read More

Sanctions Against Russia: Europe Puts Pressure On Trump

Sources say Trump has urged Europeans to use Russian assets frozen in Belgium that have been stored there since the start of the all-out war. The US administration has publicly supported the idea, ... Read More

EU's 19th sanctions package against Russia expected to be ready in September, Kallas says

The European Union's 19th package of sanctions against Russia is expected to be ready in September, top EU diplomat Kaja Kallas announced on Aug. 19, as the EU ramps up its pressure on Moscow in hopes ... Read More

Despite sanctions, many countries are still importing Russian products

Economic sanctions and trade restrictions against Russia following its full-scale invasion of Ukraine were set to force Moscow's hand. But the U.S. and Europe continue to rely on Russian imports. Why ... Read More

Russia Slashes 2025 Economic Growth Forecast to 1.5% From 2.5%

MOSCOW (Reuters) -Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister ... Read More

Russia sanctions: Trump weighs in, Bessent calls for increasing economic pressure

President Donald Trump said he is prepared to impose more sanctions on Russia amid a lack of progress towards peace in Ukraine, but he stopped short of providing any details. When asked by a reporter ... Read More

Putin Ally Issues Dire Warning About Russian Economy

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including China ... Read More