Europeans announce fresh sanctions on Russian economy, trade in latest push to end Ukraine war

The European Union unveiled sweeping new sanctions targeting Russia’s economy and energy trade Friday, days after President Trump urged NATO nations to halt all oil purchases from Moscow. The bloc’s ... Read More

Putin's clash with Russia's top banker shows increasing disconnect over war economy, experts say

A recent clash between Russian President Vladimir Putin and Sberbank CEO German Gref shows an increasing disconnect between the Kremlin and Russia's economic community, experts say. Gref, head of ... Read More

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

Putin Shows Little Interest in Peace, but Russia’s Economy May Rely on It

Russia’s slowing economy and ballooning budget deficit are adding strain to the Kremlin as the war in Ukraine continues. The finance ministry reported in ... Read More

Putin signals tax hikes to close Russia's budget gap

Russian President Vladimir Putin signalled on Thursday that he is open to raising certain taxes, especially on the wealthy, as the government struggles to make ends meet in the fourth year of the war ... 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

Sberbank CEO Gref Warns of Russian Recession if Rates Not Slashed

VLADIVOSTOK, Russia (Reuters) -Sberbank CEO German Gref, one of Russia's most powerful bankers, warned on Thursday that the economy was stagnating and that unless the central bank slashed interest ... Read More

Putin reaffirms Russia’s stalwart stance on Ukraine — expert

Andrey Bystritsky noted that along with statements on the Ukrainian settlement, the Russian leader shared his views on the economic situation in the country MOSCOW, September 5. /TASS/. Russian ... Read More

Trump shows off photograph Putin sent him of their Alaska summit

It's amid new Russian resistance to Trump's push for a Putin-Zelenskyy meeting. President Donald Trump on Friday showed off a photograph he said Russian President Vladimir Putin sent him of them ... Read More

No Putin-Zelenskyy meeting is planned, Russia’s chief diplomat says

Russia’s top diplomat said Friday there are no plans for a meeting between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskyy to discuss their three-year war, days after U.S. Read More