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Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says
Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…
Jennifer Sor
Some Russians are spending like no tomorrow with 'considerable' overheating in the economy
Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.
Huileng Tan
A Russian court hit Google with a fine larger than the world's GDP, stretching credulity
At the current exchange rate, the fine is equivalent to around $20.6 decillion, or about $20,604,60…
Joshua Nelken-Zitser
Russia's defense sector is running on overdrive — but firms are warning of bankruptcy
Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…
Thibault Spirlet
Russia's GDP growth slowed in Q2 while inflation continued to soar on the back of heavy state spending: report
It comes as the Kremlin battles rising inflation and warnings that the economy is overheating.
Rebecca Rommen
Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank
Strong growth and a narrower fiscal deficit can lead to a sovereign rating upgrade for India, a Ger…
PTI
Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says
Continuing the war means the economy faces stagnation, while ending it would shut off the massive d…
Jennifer Sor
Putin said Russia wouldn't have to choose between guns or butter. The price of butter is soaring.
In February 2023, Putin publicly rejected the idea that Russia was focusing on "guns instead of but…
Matthew Loh
Russia hit Google with a fine so big it defies comprehension, exposing a legal system adrift
Russia's massive Google fine is huge, symbolic, and likely unenforceable, but it's part of an incre…
Joshua Nelken-Zitser,Kieran C…
Russia's economy is signaling a fate worse than recession
Russia's central bank said inflation is rising as the nation's economy slows. Those are key ingredi…
Filip De Mott
Russia is facing a 'time bomb' at the heart of its economy, economist says
"Putin's war not only imposes on today's Russians a worse life than they otherwise would have had. …
Jennifer Sor
Lithuania says it intercepted military supplies on their way to Russia, and sent them to Ukraine instead
Lithuanian customs intercepted military supplies leaving the Russian exclave of Kaliningrad, bound …
Mia Jankowicz
Russia's mass advantage against Ukraine should start declining by 2025, war expert says
Russia is unlikely to run out of steam soon, but it'll have to recalibrate tactics and lower the in…
Matthew Loh
North Korea sending military officials to help Russia in Ukraine is a massive boost for Kim Jong Un
North Korean military officials are able to feed vital know-how back home from seeing Russia use th…
Mia Jankowicz
Sanctions have put the production of Russia's most advanced stealth fighter in jeopardy, research group says
Sanctions have impacted Russia's production of its Su-57 fighter jets, according to a research grou…
Thibault Spirlet
Russia's economy faces an 'unsolvable trilemma' but can survive for several more years, think tank expert says
Russia's economy can sustain itself for several more years before the Kremlin will be forced to mak…
Filip De Mott
S&P Global Market raised growth forecast of China, still significantly lower than India
The S&P Global Market Intelligence has upwardly revised GDP forecasts for China in its latest repor…
ANI
Russia sees 'decades' of Western economic sanctions ahead, official says
Russia sees "decades" of Western sanctions ahead, a foreign ministry official said. The country is …
Kelly Cloonan
Russia's economic growth is masking a looming 'economic catastrophe,' researchers say
Russia's private sector is deteriorating while the nation pours money into its military and defense…
Jennifer Sor
North Korea's economy is booming thanks to its arms trade with Russia
North Korea's GDP grew 3.1% in real terms, snapping a three-year slump, the Bank of Korea reported.