Russia News » Central News Russia » Central » Economy: Russia’s Economy Is Slowly Sinking
Russia's economy is not doing well. It dealing with shortages, inflation and huge spending costs. And the US is about to implement much tougher sanctions.
News Russia » Central » Economy: Fuel crisis hitting Russia’s real economy as agricultural peak season approaches
By Ben Aris in Berlin Russia’s deepening fuel crisis is spreading beyond filling-station queues into freight, agriculture, retail and public services, threatening to deliver a fresh inflationary shock ...
News Russia » Central » Economy: Russia’s top banker begs for Putin end to Ukraine war, issues stark warning: ‘Economy simply cannot survive’
I don’t believe there is anyone in this country whose primary concern is anything other than an end to military hostilities as soon as possible,” he said.
News Russia » Central » Economy: Boom at the front, bust at home: Russia’s war economy is holding but its people are cracking
By 2024, Russia appeared to have defied expectations. Despite unprecedented Western sanctions, the economy grew by 4.9%, unemployment fell to record lows, and factories linked to the defence sector ...
News Russia » Central » Economy: Russia’s Economic, Civil, And Political Challenges During The Ukraine War
Add Yahoo as a preferred source to see more of our stories on Google. MOSCOW, RUSSIA - JUNE 24: (RUSSIA OUT) A Russian Police officer guards the Red Square near the Kremlin on June 24, 2023 in Moscow, ...
News Russia » Central » Economy: War-weary Russian banks are reportedly eyeing state bailouts as bad loans pile up
Execs at some of Russia's big banks have discussed approaching the central bank for a bailout, Bloomberg reported this week.
News Russia » Central » Economy: Russian banks face vulnerability as war economy strains resources
Russia risks an “explosive” banking crisis because lenders are shouldering much of the burden of the country’s war economy, a European state intelligence report seen by Reuters has warned, as the ...
News Russia » Central » Economy: Russia's Economic Contraction May Spur Key Rate Cuts, Analysts Say
MOSCOW, April 23 (Reuters) - Russia's economic contraction in the first two months of the year may prompt the central bank to cut its key rate faster than expected, some analysts said on Thursday, ...
News Russia » Central » Economy: Russian central bank trims rate by 25 bps to 14.25% amid fuel supply, budget risks
By Elena Fabrichnaya and Gleb Bryanski MOSCOW, June 19 (Reuters) - The Russian central bank cut its benchmark interest rate by 25 basis points to 14.25% on Friday, a smaller move than the 50 bps that ...
News Russia » Central » Economy: Kremlin says Russian online retailer Wildberries suffered losses in warehouse attacks
MOSCOW, July 21 (Reuters) - Online retailer Wildberries, Russia's answer to Amazon, and the merchants who trade through it are grappling with losses in the wake of Ukrainian attacks on warehouses ...
News Russia » Central » Economy: Russia’s Economic, Civil, And Political Challenges During The Ukraine War
On April 16, policymakers, market experts, industry leaders, and Russian government officials gathered in Moscow for the Moscow Exchange Forum. During the event, the panelists highlighted “evolving ...