You Searched For "russian economy" and got 20 results
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1 min read
Russian banks say they're run out of yuan as Chinese firms pull away from the nation
Payment scuffles between Russian companies and Chinese banks have escalated in recent weeks, with C…
Jennifer Sor
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
Russia's economy faces a demographic disaster and risks seeing its population reduced by half by the end of this century, think tank says
"Putin's government has not evinced visible concern that Russia's population might be cut in half b…
Jennifer Sor
1 min read
Russian banks are grappling with liquidity issues as US sanctions choke supply of yuan
Yuan availiability is shriveling up in Russia as US sanctions have pushed Chinese lenders away from…
Filip De Mott
2 mins read
Stock market today: US stocks end higher to hit a 4-month winning streak as soft landing hopes rise
Looking ahead, investors will be eagerly awaiting the August jobs report, due out next Friday. Expe…
Matthew Fox
2 mins read
Stock market today: US stocks rise on solid earnings and in-line inflation reading
Fitch Ratings said the PCE data was a "double dose of good news" for investors as inflation data fi…
Matthew Fox
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 turning to crypto as sanctions snarl payments, report says
Russia could start cryptocurrency exchange trails as soon as next month, in order to solve payment …
Filip De Mott
3 mins read
5 reasons the strength of the US dollar is here to stay through end of the decade
Ed Yardeni dismissed the growing narrative of de-dollarization, noting that there's a host of reaso…
Matthew Fox
2 mins read
A key Russian CEO just highlighted the clash between stabilizing the economy and growing business in wartime
The country's top central banker, Elvira Nabiullina, has hiked interest rates up to 16% to tame inf…
Huileng Tan
2 mins read
Russia's economy is still raking it in, but many billions of dollars are stranded overseas
Russia's foreign financial assets rose $44.6 billion in the first seven months of this year, with a…
Huileng Tan
2 mins read
Russian businesses are locked out of billions as payment issues reportedly pile up abroad
Russia's foreign financial assets grew $45 billion this year, a sign payment delays are piling up a…
Jennifer Sor
2 mins read
Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says
Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…
Filip De Mott
2 mins read
Putin is giving cash to Russians fleeing Ukraine's surprise attack — but only $115
Putin's compensation scheme for Russian fleeing a Ukrainian attack on Kursk amounts to about one se…
Mia Jankowicz
1 min read
Yuan financing is growing costly for Russian businesses
Russian firms are already facing high debt costs as the country's central bank keeps rates high to …
Jennifer Sor
3 mins read
De-dollarization is a fad that will backfire on countries trying to move away from the greenback, currency expert says
Dollar dominance is sticking around for at least the next few decades, one currency expert told Bus…
Jennifer Sor
1 min read
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.
Filip De Mott
2 mins read
Russia's business elites signal they are tired of propping up the wartime economy
Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …
Huileng Tan
2 mins read
Stock market today: Tech drives market rebound as investors brace for earnings and fresh data
Of the 14% of S&P 500 companies that have reported Q2 earnings results so far, 86% are beating prof…
Matthew Fox
2 mins read
Russians are spending big on travel and cognac. But the boom is just one 'last growth spurt,' says an analyst.
Russia's central bank has hiked the country's key interest rate to 18% to cool the overheated econo…