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

Ukraine's Oil Strikes Are Hurting Russia's War Economy

Ukraine's expanding long-range and swarm-drone campaign has already disabled 10% of Russia's oil refining capacity, cutting fuel supplies and export revenues while pressuring the core of the Kremlin's ... Read More

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

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

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

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 war in Ukraine is bad for US businesses, EU Commissioner says

WASHINGTON, Oct 14 (Reuters) - Russia's war in Ukraine is bad for U.S. businesses, which have heavily invested in Europe and whose profits are affected by the uncertainty that Moscow's aggression ... 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

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. 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

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