News

Russia's Economy Wobbles Under Strain of Ukraine War
Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...
Russian central bank slashes key rate by 200 bps in biggest cut since May 2022
The Russian central bank cut its key interest rate by 200 basis points to 18% on Friday, as expected, hoping to revive ...
Russia economy meltdown as Moscow bans gasoline exports after 25% surge
The worsening fuel shortage and increasing prices over the past two years have forced Moscow to apply temporary gasoline ...
Russia is pouring money into its war machine — but it's still struggling to create new, advanced systems
Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.
How a Chinese Border Town Keeps Russia’s Economy Afloat
The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two ...
Russia economy meltdown as biggest carmaker slashes working week amid sales crisis
Vehicle sales have been hit hard by stricter rules on car loans and high interest rates imposed by Moscow amid economic ...
bne IntelliNews on MSN6h
COMMENT: Why Russia's economic model no longer delivers
At this year’s St. Petersburg Economic Forum—a once-prestigious event that has grown increasingly insular—Russian economic ...
The Kyiv Independent on MSN11h
In latest sign of Russian economy woes, Kamaz truck company cuts working week due to market collapse
Russia's largest truck manufacturer, Kamaz, will reduce its working week to four days starting Aug. 1 due to a dramatic ...