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4 mins read
Ukrainian troops fighting on Russian soil have an advantage they've never had in this war
In Kursk, Ukraine can "fight in the most efficient way possible," one war expert said. It's not lik…
Sinéad Baker
3 mins read
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
3 mins read
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
3 mins read
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
3 mins read
How national security panics in Russia could stifle innovation and hurt its economy
Russia has arrested more people for treason in the past year than the past 20 years combined, one e…
Jennifer Sor
1 min read
Russia's central bank hikes interest rate to 21% to fight stubborn inflation
Inflation in Russia hit 8.6% year-on-year in September, well above the central bank's 4% target.
Nathan Rennolds
1 min read
Russia's frozen assets are being used by the UK for a $3 billion loan to Ukraine
The loan to Ukraine is part of a larger $50 billion package that G7 nations have already pledged to…
R
2 mins read
Russia confirms it's going to make it more painful for companies to quit the country
Russia's finance minister on Thursday confirmed reports that Moscow will raise exit taxes and other…
Mia Jankowicz
3 mins read
Russia pitches trading centers in a widening plan to move away from the US-dominated global financial order
Heavily-sanctioned Russia is a commodity giant and a major producer of oil, natural gas, gold, and …
Huileng Tan
3 mins read
Russia can rely on China for the yuan, but China can't rely on anyone else
China faces many limitations to de-dollarization and just can't copy Russia's sanctions-proofing pl…
Huileng Tan
3 mins read
War with Ukraine is the only thing preventing Russia from entering an immediate recession, economists say
Russia's war efforts are masking issues with inflation, currency, and oil revenue, economists told …
Jennifer Sor
1 min read
Russia's largest bank says it has no problems transacting with India
Sanctioned Sberbank has managed to pivot to processing transactions in rubles and rupees.
Huileng Tan
3 mins read
Why Russia's brain drain is the biggest problem facing its economy
Russia is missing around 5 million workers - one sign that the exodus of Russians is eating away at…
Jennifer Sor
2 mins read
Russia is struggling with Ukraine's invasion because of its dysfunctional military command: analysts
Russia's complex military bureaucracy is creating "friction" and "confusion," a think tank said.
Tom Porter
5 mins read
Russia's messy response to Ukraine's invasion is telling about the weaknesses still plaguing its army
Throughout its war in Ukraine, command and control has been a problem. As Ukraine attacks Kursk, th…
Sinéad Baker
4 mins read
Ukraine's invasion of Russia is showing how good it is at hitting Putin's weak spots
Vladimir Putin's authority has long been founded on his image as an uncompromising defender of Russ…
Tom Porter
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
4 mins read
Ukraine's surprise invasion of Russia hasn't taken the pressure off the most dire front-line battles
The month-old invasion of Russia's Kursk region has produced some positive effects for Ukraine, but…
Jake Epstein
2 mins read
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
2 mins read
Ukraine exposed Russia's sluggish military command with its Kursk invasion, analysts say
Russian military commanders are facing criticism over their botched response to Ukraine's audacious…