Putin lauds the strength of Russia’s war economy. Others see a mirage
Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this ...
Russian Economy Facing a Tidal Wave of Bankruptcies
One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...
The Russian war economy is facing a ‘moment of truth’ as Putin’s dwindling cash reserves raise odds of a financial crash, expert says
As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war.” ...
Russian economic meltdown as 100s of car dealerships close and steel industry 'tanks'
Car dealerships in Russia are closing in their hundreds as the country's economic crisis continues to deepen. Late last year, the Russian Central Bank raised interest rates to a record high of 21% in ...
Fighter jets scrambled from Alaska and Canada as Russian warplanes spotted in the Arctic, NORAD says
A combat air patrol of American and Canadian fighter jets was scrambled this week after multiple Russian warplanes were ...
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Russian economy in crisis as hundreds of car dealerships shut and interest hits 21%
The Russian Central Bank raised interest rates to a record high of 21% last year, in an attempt to control inflation, but the ...
Trump’s Russia sanctions might be what finally works
Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...
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3 key takeaways from Davos from Ukraine’s economy minister
The discussions at the World Economic Forum in Davos were a stark reminder of how interconnected the global economy is, and ...
Russian economy meltdown with 'moment of truth' and 'major bankruptcies' looming
Putin is increasingly having to dip into Russia 's National Wealth Fund, whose reserves have plummeted almost 74% from £94 ...
Russia's having problems with its newest ICBM. It drove away critical Ukrainian missile expertise.
Russia used to rely on Ukrainian expertise for its missile programs, but its actions in 2014 and beyond ended that ...
China Is Quietly Taking Over Russia's Tech Market
Once a global leader in cryptocurrency mining, China banned the activity in 2021, citing financial and environmental concerns ...