Economy News How Russia S Economy Grows Despite Thousands Of Ukraine War Sanctions

Cracks In Russia’s War Economy

After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can no longer disguise its distress. Read More

Russia’s economy is hurting so bad that even Putin can’t outrun the crisis

Rising pressures Over the past year, the Central Bank of Russia implemented steep interest-rate hikes to combat accelerating inflation, pushing the key rate up to 21% before easing it to 16.5% in ... Read More

Russian Economy Barely Grows in Q3 as War Spending Bites

Russian economic growth was close to zero in the third quarter, the state statistics agency said Friday, as the costs of the Ukraine war and Western sanctions start to bite. Bloated military spending ... Read More

Russian lawmakers approve tax hike bill to boost economy as the war with Ukraine nears 4 years

Russian lawmakers have endorsed new tax hikes as Moscow tries to boost its economy during its almost four-year war with Ukraine. Read More

Could U.S. Sanctions Finally Cripple Russia’s War Economy?

The U.S., EU, and U.K. imposed sweeping sanctions on Rosneft, LUKoil, and Gazpromneft to target Moscow’s oil revenues. Analysts say the short-term effects will be limited as Russia shifts exports to ... Read More

Trump’s Sanctions on Russian Oil Sector Ratchet Up Economic War

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts. By Alan Rappeport Reporting from Washington President Trump ratcheted America’s ... Read More

Why Are Russian Regions Cutting Signing Bonuses For Soldiers Heading To Ukraine? It’s Complicated.

Russian regions are reducing signing bonuses for volunteers joining the Ukraine war, citing economic strain and shifting military priorities. Regions like Samara and Tatarstan have cut bonuses ... Read More

News Wrap: Europe follows U.S. lead and imposes new sanctions on Russia

In our news wrap Thursday, European officials followed Washington’s lead in approving economic measures aimed at pressuring Russia to end its war in Ukraine, Lithuania's president said Russian ... Read More

Ukraine fights for money, reform to survive 'forever war'

Ever since mid-2024, residents and Ukrainian officials have been stripping everything of value from the frontline town of Pokrovsk: library books, hospital beds, industrial equipment, everything that ... Read More

Ukraine welcomes China’s offer to ‘help’ Trump end the war with Russia, despite skepticism

Ukrainian President Volodymyr Zelensky’s top adviser praised President Trump for courting China to “help” end the Russia-Ukraine war — as some experts and European officials urged caution in taking ... Read More