Economy News War Driven Economy Is So Hot, Russia Is Now A High Income Country
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Trump warned Ukraine war is creating ‘significant risks’ for US economy in new report urging end to conflict
Exclusive: A paper by the Center for Freedom and Prosperity argues there are are strong economic benefits for the United States if peace can be achieved ... Read More
The Russia-Ukraine missile war is draining Putin’s economic lifeblood
The invasion of Ukraine is becoming a long-range missile war, as both sides seek military advantage away from the blood-soaked, muddy, drone-saturated death traps of the eastern Ukraine trenches. Read More
Big Oil gets big boost from escalating economic war on Russia
Top Western oil companies are enjoying a windfall from the expanding attacks on Russia's oil industry – both literal and economic – that have boosted global refining profit margins and mitigated ... Read More
Exclusive-Russia's Industrial Titans Furlough Workers as Its War Economy Stalls
MOSCOW (Reuters) -From railways and automobiles to metals, coal, diamonds and cement, some of Russia's biggest industrial companies are putting employees on furlough or cutting staff as the war ... Read More
Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War
After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts. Read More
Russia's small businesses cry foul over war economy tax hikes
Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 small business owners, many of whom say they will have no choice but to ... Read More
Experts on how to raise the cost of war for Russia: ‘Be cleverer’
Three and a half years since Russia’s full-scale invasion of Ukraine, with a US-led peace process on ice and a stalemate on the battlefield, Kyiv’s allies are calling for renewed economic pressure on ... Read More
Putin’s War Machine Is Now Built Into the Russian Economy
Even if the guns fall silent in Ukraine, Russia’s economy may never step off the battlefield. Years of massive defense outlays have locked the country in a state of militarization that’s transformed ... Read More
How long can the Russian economy continue to fund the frontline?
The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have no immediate major obstacles, according to experts. View on euronews ... Read More
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