You Searched For "russia economy" and got 20 results
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2 mins read
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's trade rebounded by nearly 7% last year, while activities in the financial sector and const…
Huileng Tan
1 min read
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
2 mins read
Russia's war economy is so hot that at least 12 of its oligarchs received $11 billion in dividends over 15 months
The biggest winners from the dividend payouts were commodities exporters, Bloomberg reported.
Huileng Tan
2 mins read
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
2 mins read
The US has announced new sanctions targeting Russia's war machine — and says more are coming
The US Treasury and State Department issued 400 sanctions on individuals and entities still support…
Filip De Mott
2 mins read
The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'
Russia's economy is driven by wartime activities, government subsidies that steady the economy, and…
Huileng Tan
1 min read
Russia is reportedly receiving shipments of dollars and euros despite sanctions and efforts de-dollarize
Russia has received $2.3 billion worth of dollar and euro bills despite sanctions since March 2022,…
Jennifer Sor
2 mins read
Russia is doubling pay to recruit more soldiers. But many regions can't afford it.
Vladimir Putin recently ordered the doubling of military-recruitment bonuses. It's put certain regi…
Filip De Mott
2 mins read
Putin's latest political move shows Russia's wartime economy is here to stay
Putin's appointment of a civilian economist as defense minister signals Russia's military-industria…
Huileng Tan
2 mins read
Western sanctions are so tight that Russia and China could soon use an ancient trading system. It's worked before.
Due to US secondary sanctions, Chinese banks are now extremely cautious about processing payments f…
Huileng Tan
2 mins read
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
4 mins read
2 Yale researchers are pulling back the curtain on Russia's sanctions-stricken economy and it's landed them on a list of Putin's enemies
Russia's economy is in trouble, no matter how much the government tries to distort the facts, two Y…
Jennifer Sor
2 mins read
Iran's economy is a total mess after decades of sanctions — and offers a warning to Putin's Russia
Decades of Western sanctions have driven up inflation, government debt, and poverty rates in Iran. …
George Glover
2 mins read
Russia says its economy is off to a — mostly — roaring 2024
Russia's economy is thriving amid Western sanctions and the ongoing war with Ukraine, according to …
Huileng Tan
2 mins read
Why loosening sanctions would put more pressure on Russia, according to a think tank
The West could spur inflation and buckle Russia's economy if sanctions were loosened on capital flo…
Filip De Mott
2 mins read
The Chinese yuan has helped fund Russia's trade and war machine — but those days may be numbered
Russia is looking into alternative payments infrastructure — which a top Russian banker said should…
Huileng Tan
1 min read
A Russian company is bartering chickpeas for Pakistani rice as sanctions stop payments
A Russian company will reportedly barter with Pakistan as the Kremlin struggles to make payments ac…
Kelly Cloonan
2 mins read
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…
Huileng Tan
1 min read
Russia will grow faster than the US and all other advanced economies this year, the IMF says
Russia's economy in 2024 is expected to grow by 3.2%, outpacing the US, Germany, the UK, and Japan,…
Yuheng Zhan
2 mins read
Russia's economy can't avoid a crisis forever and it's becoming more vulnerable to shocks, think tank researcher says
A researcher at the think tank CEPA wrote that the war is sapping Russia's economy, leaving economi…