The Russian Economy's Biggest Problem Right Now

Putin has a long list of economic concerns. So we asked the experts: What is the Russian economy's greatest vulnerability? Read More

Putin acknowledges a key pain point in Russia's economy

Putin called for "coordinated joint efforts" from the Russian government and the central bank to curb inflation. Read More

The Ruble Swoons And Russia's Economy Wobbles Further

The Russian currency has dropped precipitously in recent weeks, a drop mainly sparked by new U.S. sanctions on a major Russian bank. It’s not a collapse, but it’s definitely another warning light for ... Read More

Russian Economy Shows Signs Of Slowdown, Top Banker Warns

The Russian economy is showing "significant" signs of a slowdown in some sectors as it grapples with waning growth and high inflation, the head of the country's biggest lender warned Friday. Read More

Russian rouble collapse exposes deep problems in the country’s economy

However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the EU and Australia imposed a cap on the price of Russian oil, which led to ... Read More

Russia's sky-high interest rates will struggle to fight inflation in the sanctions-stricken economy, top Russian bank CEO says

Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top bank chief said. Read More

Ruble Crashes as New Sanctions Weaken Russia's Economy

Russia is facing a major economic setback as its currency, the ruble, continues to fall sharply. In just one week, the ruble has dropped by 7%, and in the past month, it has lost about 15% of its ... Read More

Why Russia's brain drain is the biggest problem facing its economy

Russia's biggest problem isn't related to sanctions or its ... adding that he believed Russia's economy could deteriorate over the next decade. "So in terms of a modern economy, what is it that ... Read More

How Russia's war with Ukraine is impacting the country's economy

When Russian President Vladimir Putin waged war on Ukraine, he also sparked an economic battle for his people. Read More

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

With the central bank now operating in the shadow of stagflation, the worst may still be ahead. Data released on Wednesday showed that Russia's economy slumped 3.1% year over year in the last quarter. Read More

Russian economy on brink as mortgages explode and home buyers face £752k repayments

as they adjust to the new economic realities. The maximum level mortgage rate at several banks has now gone over 30 percent, in a move that is likely to have shattering consequences for Russia's ... Read More