What Makes Russia’s Economy So Sanctions-Resistant?

After falling a less-than-expected 2.1 percent in 2022, Russia’s GDP actually grew last year, and appears to be on pace to do so again in 2024. The sanctions have reshaped the Russian economy ... Read More

Kremlin Warns EU Sanctions Will Backfire Amid Russian Economic Growth

The Kremlin warned that increasing European Union sanctions on Russia would ultimately harm Europes own economy more than Russias. Kremlin spokesman Dmitry Peskov, speaking to state TV on Sunday, ... Read More

Russia could turn on Putin as the nation's economic strength wanes and sanctions keep tightening, economists say - Business Insider

Russia's economic strength is likely to wane this year, economists say. Putin could lose support if Western sanctions make life more difficult for ordinary Russians. Sanctions are likely to ... Read More

Russia's Officials Keep Contradicting Putin on War Economy

Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed at choking Moscow's military machine. Strong GDP has been driven by high ... Read More

Despite sanctions, Russia’s economy is still standing — for now - Vox

Six months into Russia’s war in Ukraine, severe economic sanctions initiated by the US and the EU seem to be having the twofold effect of stifling Russia’s economy and encouraging divestment ... Read More

Sanctions appear to be working on the Russian economy - The Mercury News

When it comes to the pressure on the ruble, Russia, one of the world’s biggest oil suppliers, is earning less from selling its oil because of Western sanctions. That’s narrowing the cou… ... Read More

Russia Faces 'Economic Oblivion' As Western Sanctions Hit GDP: Study - Markets Insider

A new study looked into the severe hit being absorbed by Russian GDP amid wartime sanctions from the West. Businesses are leaving Russia in droves, and foreign companies that have left previously ... Read More

Russia boasts it is beating sanctions, but its longer-term prospects are bleak | CNN Business - CNN International

Russian President Vladimir Putin has taken to gloating about Russia’s resistance to international sanctions and its supposed economic resilience, despite the best efforts of the United States ... Read More

Kremlin says Europe will feel the recoil from its 'illegal' sanctions on Russia

The Kremlin said in remarks published on Sunday that the tougher the sanctions imposed on Russia by Europe, the more painful the recoil would be for Europe's own economies as Russia had grown ... Read More

Russia Economy News: Why the Battered Economy Is at China's Mercy - Markets Insider

Russia's economy is becoming dependent on China and it could soon be a vassal state of Beijing, experts say. The two nations have ramped up trade and deepened ties as sanctions isolate Russia from ... Read More

Russia's economy minister says the country is on 'the brink of recession' - SFGATE

PETERSBURG, Russia (AP) — Russia's economy is “on the brink of going into a recession,” the country's economy minister said Thursday, according to Russian media reports. Read More