Economy News Russia S Economy Can T Avoid A Crisis Forever And It S Becoming More Vulnerable To Shocks, Think Tank Researcher Says

Russia’s economy is hurting so bad that even Putin can’t outrun the crisis

Rising pressures Over the past year, the Central Bank of Russia implemented steep interest-rate hikes to combat accelerating inflation, pushing the key rate up to 21% before easing it to 16.5% in ... Read More

America Just Quietly Admitted It Can’t Crush Russia’s Economy

Western efforts to strangle the Kremlin’s war machine have been systematically undermined by European nations’ desire to continue buying Russian oil and natural gas. Read More

Russia's largest lender sees economy cooling for another year

Russia's economy is seeing "continued cooling" with growth likely to remain at around 1% next year and business activity remaining weak for four to five quarters, a senior executive at Sberbank, the ... Read More

Russia's industrial titans furlough workers as its war economy stalls

Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ... Read More

As the U.S. Imposes Oil Sanctions, How Vulnerable Is Russia's Economy?

New U.S. sanctions on Russia's two biggest oil companies threaten to hit the country’s economy at a precarious time. Russian manufacturing is declining, consumer demand is weakening and inflation ... Read More

Russia's top banker warns Moscow is fighting the wrong economic battle

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