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

Russia is facing a new economic problem

When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... Read More

Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation,” And in June, Economy Minister Maxim Reshetnikov warned that Russia was ... Read More

The Cracks in Russia’s War Economy

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ... Read More

Russia's small businesses cry foul over war economy tax hikes

Russia plans to drop tax breaks for small businesses in 2026 Business lobbies say the sector is a shock Economists say measure will create a 'tax spiral' Small businesses, economists warn of closures, ... Read More

Russia furious as Trump sanctions target the heart of Putin's war economy

Russia reacted with outrage Thursday after the United States imposed substantial sanctions on its two largest oil companies, the first economic punishments slapped on Moscow by President Donald Trump ... Read More

Trump’s challenge: Hurting Putin without harming Americans at the gas pump

President Donald Trump’s sanctions crackdown on Russia risks undermining one of the bright spots in the Trump economy: tame gas prices. The surprising decision to punish Russia, the second-biggest ... Read More

Kremlin rejects Trump's view that the Russian economy could collapse

Trump said Russia's economy is near collapse US President said Russians queueing for gasoline Russia's Novak says domestic gasoline market is stable Kremlin says Russia's economy is strong enough ... Read More

Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a ... Read More