Russia's overheated economy is squeezing one of Moscow's key trading channels with China
Russia's rail industry is in its worst downturn since the Great Financial Crisis, according to an estimate from MMI Research.
Luxury Western Goods Line Russian Stores, Three Years Into Sanctions
Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive ...
Russian economy in meltdown as Vladimir Putin issued dire bankruptcy warning
Russian elites have warned of an impeding increase in bankruptcies after the ruble tanked and skyrocketed mortgages and ...
Russia's economy has irreversibly turned toward a 'stagnation trap,' think tank says
Russia's economy has operated like a marathoner on fiscal steroids—and now those steroids are wearing off." ...
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Mass layoffs hit Russian IT workers as businesses try to conceal cutbacks amid claims of a robust economy — The Bell
Layoffs of IT specialists in Russia have accelerated as 2024 draws to a close. According to reporting by The Bell in its ...
Russian central bank holds rates steady at 21% amid criticism from key business figures
Russia’s central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff ...
EU Economy Chief Open to Confiscating Frozen Russian Assets
The European Union should consider taking bolder steps such as confiscating frozen Russian central bank assets to compensate ...
Russian economy meltdown as key Kremlin player reveals 'disaster' situation
Raging inflation is being driven by the billions the Kremlin is pumping into military industries as its invasion of Ukraine ...