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 ...
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 ...
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 Economist9h
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 ...
Russian ruble slides amid sanctions
Russia's currency has fallen sharply, putting pressure on the country's strained financial system. Sanctions are partly to ...
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 ...
France 243h
Chronic inflation hits Russia as huge pay increases fuel rising prices
Inflation has again spiked in Russia in recent months, fuelled by massive public spending on the Ukraine war and big wage ...
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 — ...
New Statesman19h
American labour’s realignment
But simple stories are often misleading. Take the IMF’s pronouncement in April that Russia’s economy would grow faster than any of the G7 countries: Russia was winning the race! The Russian economy, ...
Ukraine imposes first wartime tax hikes to fight Russian invasion
President Volodymyr Zelenskiy signed into law on Thursday Ukraine's first wartime tax increases as the war against Russia ...
The Economist9h
How to make a success of peace talks with Vladimir Putin
What, then, should a deal aim for? Restoring the borders of 1991 is a pipe dream. Morally and legally, all that land belongs ...
Russian economy in freefall as Ruble crumbles and new sanctions turn screw on Putin
On Thursday, Russia fired a new hypersonic ballistic missile called the "Oreshnik” into Ukraine after Ukraine fired US ATACMS and British-made Storm Shadow missiles into Russia. In total, the ...