Economy News Russia S Economy Faces Near Stagnation With Sanctions Whittling Down Annual Gdp Growth, European Economist Says

Russia's flagging economy poses major problems for Putin's 2026 war effort

Zelensky also said that Russia's ability to sustain its war against Ukraine will not be decided by President Putin's rhetoric but by the level of Western pressure ... Read More

Ruble’s World-Beating Rally Poses New Risk for Russian Economy

Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and threatens to undermine the nation’s wartime economy. Read More

Russia’s economy keeps driving its war, but it could break in 2026

Problems in the oil sector, a possible banking crisis and consumer woes lie ahead for Russia’s economy as four years of heavy military spending come due. Read More

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 Sechin says the West could face economic crisis due to sanctions

Sechin speaks in China Sechin says West faces economic crisis Sanctions have not worked - Sechin says Putin vowed Russia will not bow to Western pressure MOSCOW, Nov 25 (Reuters) - Igor Sechin, one of ... 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

Russia's largest lender sees economy cooling for another year

MOSCOW, Nov 24 (Reuters) - Russia's economy is seeing "continued cooling" with growth likely to remain at around 1% next year and business activity remaining weak for four to five quarters, a senior ... 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

America Just Quietly Admitted It Can’t Crush Russia’s Economy

Western efforts to strangle the Kremlin’s war machine have been systematically undermined by European nations’ desire to continue buying Russian oil and natural gas. The United States and its allies ... Read More