Putin Ally Issues Dire Warning About Russian Economy

Sberbank chief German Gref said Russia could soon face recession if the key interest rate is not cut drastically. Read More

Putin Says Economy Not Stagnating, Backs Bank of Russia on Rates

President Vladimir Putin rejected a top banker’s warning that Russia’s economy is showing signs of stagnating, as he backed the central bank’s efforts to curb inflation by hiking interest rates to ... Read More

Russian economy meltdown fears as Putin ally issue dire warning

Vladimir Putin has been issued a stark warning about the state of Russia's economy. It comes after one of his close allies and head of the biggest bank in Russia, German Gref, urged him to enforce ... Read More

Russia's Putin denies economy is stagnating, as evidence suggests otherwise

President Putin denied on Friday that Russia's economy was stagnating, despite a report from the central bank that suggests it is technically in recession. Read More

Sberbank CEO Gref warns of Russian recession if rates not slashed

Sberbank CEO German Gref, one of Russia's most powerful bankers, warned on Thursday that the economy was stagnating and that unless the central bank slashed interest rates then the country would fall ... Read More

Putin says Russia has shared peace proposals with Israel and Iran

President Vladimir Putin says he has secured Israel’s pledge to safeguard Russian personnel at Iran’s Russia-built nuclear power plant and that he has reached out to both sides to try to end ... Read More

Russia Bank Boss Issues Dire Economic Warning - Newsweek

The head of the largest bank in Russia described the country's economy as "definitely and strongly overheated" due to the war in Ukraine. Read More