The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily ...
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Russia’s economy is struggling. But that won’t bring Putin to the negotiating table for years
The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...
A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has ...
Yerzhan Tokbolat does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...
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Since early December, the Russian ruble has continued to strengthen against global currencies: on Dec. 7, it reached a value of only 76 rubles for one U.S. dollar, a figure unseen since May 2023. It ...
After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Political fortunes turn fast. One day in August, US president Donald Trump and ...
Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ...
After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts. By Alan Rappeport Reporting from Washington President Trump ratcheted America’s ...
The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition. By Ivan Nechepurenko Russia’s military budget is set to fall for the first time ...
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