Economy News The Russian Economy S Biggest Problem Right Now

New economic troubles hit Russia’s war-weary economy

When Vladimir Putin ordered the full-scale invasion of Ukraine in 2022, he likely did not consider that the war he was starting would last for years. That war has cost Moscow a lot of men and material ... 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

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

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

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 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