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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 Launches Huge Bombardment of Ukraine and Signals More to Come
Ukraine said the attacks targeted energy infrastructure. President Vladimir V. Putin said they were retaliation for Kyiv’s use of long-range American missiles.
Ukraine War Maps Reveal Russian Advances Across Front Line
Russian forces have made incremental gains across different parts of the front line this week, according to the Institute for the Study of War (ISW), whose maps show the latest state of play in the war.
Russia tries to stem panic over plummeting ruble
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 made in Moscow at the moment are completely out of the box. The famed macro-economic management team are making some extreme choices in what may be one of the most audacious experiments ever.
Russia tries to stem panic over the plummeting ruble, as the central bank is forced to intervene
The ruble weakened to 114 against the greenback earliest this week — hitting its lowest level since March 2022, shortly after Russia invaded Ukraine.
Russia scrambles to contain ruble crash with central bank intervention
Russia’s economy is taking punches it can’t dodge, with the ruble nosediving to its lowest point in over two years. On Wednesday, the currency crashed to 114 against the U.S. dollar—levels unseen since the early days of Moscow’s invasion of Ukraine.
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.
17h
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 ...
3d
on MSN
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.” ...
9h
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 ...
2d
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 — ...
3d
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 ...
7h
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 ...
thelondoneconomic.com
16h
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 ...
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Ukraine
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