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Russia’s economy nears meltdown
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.
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,
War in Ukraine is straining Russia’s economy and society
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 completely new world order, nothing like we have had in the past, such as the Westphalian or Yalta systems,
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 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 — British officials said, though Russia’s increase was likely driven by government spending heavily tilted toward the defense sector.
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14h
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 ...
15h
Russia's economy struggles to find workers as defence sector poaches staff
"Bus number seven was not running this morning," Olga Slatina wrote on social media from the Sverdlovsk region in Russia's ...
2d
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.
7h
on MSN
Russian ruble slides amid sanctions
Russia's currency has fallen sharply, putting pressure on the country's strained financial system. Sanctions are partly to ...
1d
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 ...
thelondoneconomic.com
15h
Economists think the Russian rouble could be in freefall
Economists suspect a sudden collapse of the Russian rouble could be imminent due to rising import costs and foreign exchange ...
3d
on MSN
Russian food prices are soaring — but no one dares blame Putin and the war
Russian President Vladimir Putin has denied that Russia has exchanged “butter for guns” and blamed the price rises on ...
Tuko on MSN
6d
Russian ruble hits lowest level against dollar since March 2022
The Russian ruble slumped on Friday to its lowest level against the US dollar since March 2022, a day after Moscow fired a ...
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ruble
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