Economy News Russia S Business Elites Signal They Are Tired Of Propping Up The Wartime Economy

Russia is blasting Odessa to throttle Ukraine’s economy

Ukraine’s third-largest city plays an outsize role in Ukraine’s export-oriented economy, which depends on cheap routes to market. Before the war, Odessa’s three deep-sea ports handled roughly 60% of ... Read More

Russia’s economy is struggling. But that won’t bring Putin to the negotiating table for years

The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit and shrinking energy revenues. But analysts say the Kremlin could weather the storm ... Read More

Russia’s slowing wartime economy pushes Kremlin to increase taxes and fees

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. Read More

How Oil Reveals The Cracks In Russia’s War Economy

Though Russia's war machine is slipping, the proposed peace plan by the United States does not take advantage of the economic pressure on Moscow, asking Ukraine to make several concessions. (Photo by ... Read More

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is slowing. Oil revenues are down, the budget deficit is up and defense spending has leveled off. Read More

Russia's wartime consumer boom is cracking as shoppers tighten their wallets

Russian shoppers are slamming the brakes, a warning sign for the wartime economy. The central bank reports fading demand, slowing wage growth, and increasingly nervous households. With oil and gas ... Read More

Furious Russian elites attack Putin over economy in major revolt

The last few years has seen a surge in state expropriations of private companies from their owners by the state. Read More

Ukraine’s Oil Strikes Are Hurting Russia’s War Economy

Ukraine’s deep-strike drones have hit half of Russia’s major oil and gas facilities, reducing refining capacity and fueling domestic fuel shortages. New long-range systems like the Lyutiy drone and ... Read More

Russia's wartime consumer boom is cracking as shoppers tighten their wallets

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Russia's wartime consumer boom is cracking as shoppers tighten their wallets

After years of wartime splurging, Russian shoppers are tightening their grip on their wallets — a shift that hints at growing stress in the country's economy. Growth in consumer spending has weakened ... Read More