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,
Russian ruble plunges amid fresh US 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 defense spending are adding to the pressure.
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 "shadow fleet".
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.
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.
Hosted on MSN17h
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 ...
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 ...
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 central bank takes desperate stand to halt collapsing ruble and fierce inflation
Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against ...
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.com18h
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 ...
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 ...
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 ...