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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   


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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   


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2 mins read

Russia's lucrative oil and oil industry is an easy target for Europe after Trump's election victory

The European Commission's president said the European Union could boost US liquified natural gas pu…

Huileng Tan   


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2 mins read

Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year

Prices of potatoes — a Russian staple — have surged by 64% this year.

Huileng Tan   


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1 min read

Under strain from war, Russia plans a massive layoff in its public sector: report

Russia is expected to lay off at least 40,000 government officials by July, according to a report b…

Hannah Abraham   


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3 mins read

3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say

Expectations that Russia's economy will struggle are misplaced, and multiple factors should keep th…

Filip De Mott   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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