Russia's economy is now so isolated that it has few options other than the Chinese yuan for its reserves

In a report released on Friday, the Central Bank of Russia said it sees limited options other than the Chinese ... s increasing reliance on the yuan shows its economy is becoming increasingly ... Read More

Putin’s War Economy Can’t Escape Trump’s Trade Blitz

Russia dodged “Liberation ... exposed to President Trump’s trade war for one reason: oil. The industry is both the engine of the Kremlin’s economy and its primary source of vulnerability ... Read More

Russia’s economy to see no collapse — Medvedev

Russia’s economy will never collapse ... "The government has already taken decisions to support people and the economy: social allowances, extra financing of high technology sectors, agriculture ... Read More

Trump didn't impose tariffs on Russia but they might be wrecking its economy regardless

Russia has so far ... his options — and the Kremlin is already panicking. Russia's oil economy Russia’s economy is heavily dependent on oil revenues, which make up around 30% of its total ... Read More

Russia's slowing economic growth cuts demand for Chinese imports

This was particularly visible in the autos sector where Chinese carmakers now hold a more than ... for other goods like electronics and household appliances, Onishchenko said. Russia's economy ... Read More

Boeing Helped Power Russia’s Economy. Could It Return?

The aviation giant’s planes play a critical role in Russia’s economy, connecting its ... has more than 5,500 outstanding orders for commercial jets and is working hard to raise output beyond a ... Read More

Impact of sanctions on the Russian economy

It is estimated that in 2022, Russia’s gross domestic product (GDP) dropped by 2.1%. Russia’s economy may continue to shrink in 2023. Its GDP is forecast ... of Russian Central Bank reserves are ... Read More