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

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

Sanctions Delay Russia’s Plan to Triple LNG Output, Novak Says

Russia’s ambitions to triple its annual liquefied gas production have been pushed back by several years amid international sanctions, according to Deputy Prime Minister Alexander Novak. 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’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 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 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

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

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