Economy News The Russian Economy S Biggest Problem Right Now

IMF sees no 'bounce back' in Russian economy, warns of further damage if sanctions expanded

Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, and could see further damage if those sanctions are expanded to hit energy ... Read More

Germany faces deep recession if Russian gas supplies are cut - economist

A halt to Russian gas supplies to Germany would trigger a deep recession and cost half a million jobs, a senior economist said in an interview published on Tuesday, as Europe's biggest economy tries ... Read More

Russia’s Economic Growth Slows for Third Straight Quarter – Ministry Data

Russia’s economy has continued to lose momentum for the third consecutive quarter, according to new data from the Economic Development Ministry. The ministry estimated that GDP grew by just 0.6% ... Read More

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

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a major step by effectively blacklisting Rosneft and Lukoil. 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

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

MOSCOW (Reuters) -The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, saying that Russia had considerable reserves and was ... Read More

Trump's U-turns on Russia and Ukraine, and the significance of new sanctions: ANALYSIS

"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one analyst said. 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

Transcript: Trump’s Russian oil sanctions shake energy markets

Sanctions on Russian oil groups have thrown a wrench into the oil market. And the US pardoned another crypto executive yesterday. Plus, Argentina heads to the polls for midterm elections this weekend. Read More

The $20,000 Problem: How Ukraine Is Killing Russia's Kamikaze Swarms With a New Kind of Drone War

Russia's brutal campaign of using cheap, Iranian-made Kamikaze drones (Shahed-136/Geran-2) has been crippling Ukrainian infrastructure, forcing Kyiv to fire hundreds of thousands of dollars worth of ... Read More