Economy News Russia S War With Ukraine Has Its Economy Facing Death By A Thousand Cuts, Economist Says

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

Ukraine to Claim $44bn in Climate Damages From Russia. Why War Is So Bad For Emissions

Ukraine plans to seek nearly $44 billion in climate damages from Russia for emissions caused by the ongoing war. Read More

Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years

Russian lawmakers have endorsed new tax hikes as Moscow tries to boost its economy during its almost four-year war with Ukraine. Read More

Putin Has a New Ukraine Problem: Russia’s War Economy Is in Big Trouble

Key Points and Summary - After more than three years of war in Ukraine, Russia's economy is showing severe signs of strain. -Moscow reported a $51 billion budget deficit for the first eight months of ... Read More

New economic troubles hit Russia’s war-weary economy

When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... 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 latest big Ukraine offensive gains next to nothing, again

In May, Russia launched an enormous offensive aimed at breaking Ukrainian lines. Its furious attacks in the following months set the entire front line ablaze. However, our calculations suggest it has ... 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

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