Economy News Russia S War Economy Is So Hot That At Least 12 Of Its Oligarchs Received $11 Billion In Dividends Over 15 Months

Putin Has a New Ukraine Problem: Russia’s War Economy Is in Big Trouble

After more than three years of war in Ukraine, Russia’s economy is showing severe signs of strain. -Moscow reported a $51 billion budget deficit for the first eight months of 2025, and its central ... Read More

The Cracks in Russia’s War Economy

She worked at Russia’s central bank until early 2022. To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a ... 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

Russia’s Economy Heading Toward Stagnation: Report

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates. Read More

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

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 economy slows, domestic ... Read More

Russia’s war economy is running out of steam

Massive military spending has kept GDP high. But years of costly conflict are finally taking their toll, with Russia facing a nasty mix of high prices, stagnant lending, plummeting growth and corporat ... Read More

Russia rejects Trump's criticism over Ukraine war and its economy

Russia pushed back Wednesday at comments made by President Trump, who disparaged Moscow's military capabilities and economy and said Ukraine could potentially recapture all of the territory seized by ... Read More

Russia’s Military Budget Shrinks as War Costs Hit Kremlin’s Economic Limits

The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition. By Ivan Nechepurenko Russia’s military budget is set to fall for the first time ... Read More

Russia rejects Trump's criticism over Ukraine war, with Kremlin declaring the country "a real bear"

Russia pushed back Wednesday at comments made by President Trump, who disparaged Moscow's military capabilities and economy and said Ukraine could potentially recapture all of the territory seized by ... Read More

Global economy has adapted to current challenges — Russia’s Economic Development Ministry

The ministry’s spokesperson pointed out that Russia is considering in its macroeconomic forecast that global economic growth will continue MOSCOW, September 24. /TASS/. Russia’s Economic Development ... Read More