Russia’s wartime spending drains buffers, widens deficits and shifts growth to defense output, weakening the “fortress” model ...
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Russian economy declining? Expert assesses situation
As of today, the Russian economy is beginning to shift from stagnation to decline — a state referred to as a "technical recession," states Ivan Us, chief consultant at the National Institute for ...
The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...
MOSCOW, Jan 19 (Reuters) - Russia ran a budget deficit of 5.6 trillion roubles ($72.12 billion), or 2.6% of GDP, in 2025, the Finance Ministry said on Monday, the highest deficit since 2020 as a ...
To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ...
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After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Political fortunes turn fast. One day in August, US president Donald Trump and ...
Russia's GDP growth rate in 2026 will be comparable to 2025 figures, the Russian deputy prime minister said MOSCOW, December 25. /TASS/. Russia's GDP growth rate in 2026 will be comparable to 2025 ...
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