The ruble is down, the price of potatoes is up. But is Russia's economy really in trouble?
The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is the uproar over the rising price of potatoes.One lawmaker is calling on the country's prosecutor general to investigate the surging cost of this household staple,
What Does Ruble's Sharp Fall Mean for Russia's Economy?
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury's imposition of fresh sanctions on dozens of Russian banks, including the major lender Gazprombank.
Russian war economy faces collapse by 2025, warns analyst
The Russian war economy is facing serious challenges despite seemingly favorable economic indicators. According to an analysis by The Economist, high defense spending and rising interest rates could lead to a collapse as early as the second half of 2025.
Russian ruble slides amid sanctions
Russia's currency has fallen sharply, putting pressure on the country's strained financial system. Sanctions are partly to blame, while falling oil prices and ramped up defence spending is adding to the pressure.
Russian Ruble Collapses As Putin's Economy in Trouble
The Russian currency has hit a two-year low against the U.S. dollar, reaching 107 on Tuesday, as sanctions continue to hit the country's economy.
Putin Says No Reason To Panic Over Falling Russian Ruble
Russian President Vladimir Putin said Thursday there was no reason for Russians to worry about the falling Russian ruble, which slumped this week to its lowest level since March 2022.
Russia’s economy nears meltdown as ruble plummets
The Russian ruble has dropped to a record low not seen since the early weeks of the conflict in Ukraine. This sharp decline follows the implementation of new U.S. sanctions targeting Russian banks, including Gazprombank,
Ruble Crashes as New Sanctions Weaken Russia's Economy
Russia is facing a major economic setback as its currency, the ruble, continues to fall sharply. In just one week, the ruble has dropped by 7%, and in the past month, it has lost about 15% of its value.
Russian economy in freefall as Ruble crumbles and new sanctions turn screw on Putin
Russia's economy has taken a hit and the Ruble has dropped to a two-year low against the dollar. This is the lowest level it has dropped to since 2022 after Russia's new sanctions on Gazprombank put investors off.
The Economist8h
The war in Ukraine is straining Russia’s economy and society
The war he started in 2022 by invading Ukraine, he implied, was another such moment. “We are witnessing the formation of a ...
Hosted on MSN12h
Wild central banking policies to crash-land the Russian economy are tanking the ruble
By Ben Aris in Berlin It’s not often you get to describe central banking decisions as “wild”, but some of the choices being ...
Russian supermarkets see spike in butter theft as economic crisis leaves people desperate
The reports come after years of crippling sanctions on Russia after Vladimir Putin launched a full-scale invasion of Ukraine.
Russian economy still growing, largely due to defense spending, say U.K. analysts
Despite a raging war, both Russia and Ukraine have seen economic growth in 2024 — about 3.6% for Moscow and 3% for Kyiv — ...
Russia’s war economy is on its last legs, but peace may be even worse for Vladimir Putin, experts say
"Russia cannot continue waging the current war beyond late 2025, when it will begin running out of key weapons systems." ...
Russian central bank intervenes as rouble tumbles past 110 to the dollar
The Russian rouble weakened further against the U.S. dollar and China's yuan on Wednesday and is down by over 24% since early ...
Russia's economy on the brink as the 'market is dead' and prices soar
Foreign Secretary David Lammy sought to pile the pressure on today by unveiling sanctions against 30 ships in Russia's ...