Economy News Russia’s War Economy Is On Its Last Legs, But Peace May Be Even Worse For Vladimir Putin, Experts Say

Russia's economy faces crisis as Putin's soldiers and factory workers left unpaid

Putin's war machine is unraveling as Russian regions run out of money to pay soldiers, with factories and administrations unable to meet payroll ... Read More

How many more years of war Russia's economy can withstand: Expert forecast

The Russian economy will be able to finance the war against Ukraine at its current level of intensity for two more years, provided that China continues supporting it by purchasing its oil, according ... Read More

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

What Could Make Russia Want Peace?

Economic and military pressures could force Russia’s hand. Its economy is strained but not enough to do that, analysts say. And President Vladimir V. Putin says Russia is winning the war. Read More

Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say

Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a ... Read More

Experts on how to raise the cost of war for Russia: ‘Be cleverer’

Three and a half years since Russia’s full-scale invasion of Ukraine, with a US-led peace process on ice and a stalemate on the battlefield, Kyiv’s allies are calling for renewed economic pressure on ... Read More

A slowing wartime economy pushes the Kremlin to tap consumers for revenue

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

Ukraine’s Oil Strikes Are Hurting Russia’s War Economy

Ukraine’s expanding long-range and swarm-drone campaign has already disabled 10% of Russia’s oil refining capacity, cutting fuel supplies and export revenues while pressuring the core of the Kremlin’s ... Read More

Russia furious as Trump sanctions target the heart of Putin's war economy

Russia reacted with outrage Thursday after the United States imposed substantial sanctions on its two largest oil companies, the first economic punishments slapped on Moscow by President Donald Trump ... Read More

The Cracks in Russia’s War Economy

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ... Read More