Russia’s Largest Bank ‘Rings the Alarm Bells’ on Economy

Russia’s economy is in “technical stagnation,” according to the CEO of its largest bank, with growth near zero. -The country is being battered by a perfect storm of high interest rates, a soaring ... Read More

Russia's Putin Denies Economy Is Stagnating, as Evidence Suggests Otherwise

VLADIVOSTOK, Russia (Reuters) -President Vladimir Putin denied on Friday that Russia's economy was stagnating, despite a report from the central bank that suggests it is technically in recession. In a ... Read More

Russia's population set to shrink by a quarter, secret reports reveal

In the next 50 years, Russia's population will decline by 25%, according to demographic forecasts. The main reason is the war, which has already cost Russia more than a million citizens, according to ... Read More

Putin Says Economy Not Stagnating, Backs Bank of Russia on Rates

President Vladimir Putin rejected a top banker’s warning that Russia’s economy is showing signs of stagnating, as he backed the central bank’s efforts to curb inflation by hiking interest rates to ... Read More

Russia slashes 2025 economic growth forecast to 1.5% from 2.5%

Spending on war in Ukraine, high interest rates slowing economy Official forecast was 2.5% for 2025 Russia also cuts forecast for industrial production Russia's key interest rate is at 18% MOSCOW, Aug ... Read More

Russia's Putin denies economy is stagnating, as evidence suggests otherwise

Putin says many dissatisfied with high interest rates Central bank's graph shows economy in recession Putin warns of high inflation's negative impact Putin says Russia can increase deficit, borrow ... Read More