Economy News Russia S Economy Is Heading Toward A Fate Worse Than Recession, Pro Kremlin Economists Say

Russia's economy is heading toward a fate worse than recession, pro-Kremlin economists say

"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high inflation," TsMAKP said. Read More

Russia's industrial titans furlough workers as its war economy stalls

Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ... Read More

Kremlin rejects Trump's view that the Russian economy could collapse

Trump said Russia's economy is near collapse US President said Russians queueing for gasoline Russia's Novak says domestic gasoline market is stable Kremlin says Russia's economy is strong enough ... Read More

Russia's top banker warns Moscow is fighting the wrong economic battle

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Ukraine Hits Back at Russia’s Economy

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Political fortunes turn fast. One day in August, US president Donald Trump and ... Read More

Exclusive-Russia's Industrial Titans Furlough Workers as Its War Economy Stalls

MOSCOW (Reuters) -From railways and automobiles to metals, coal, diamonds and cement, some of Russia's biggest industrial companies are putting employees on furlough or cutting staff as the war ... Read More