Russia, tanker
Digest more
Amazon S3 on MSNOpinion
Is Russia’s economy collapsing? Here’s the shocking truth
Is Russia's economy really on the verge of collapse? Despite what some Western leaders suggest, the numbers tell a very different story. While Russia is running a growing deficit and dealing with inflation,
The push for tax collection comes as Russia's growth has slowed to a near standstill nearly four years after its full-scale invasion of Ukraine.
After showing strong resilience until second half of 2024, Russia’s sanction-hit economy entered an overheating phase last year, followed by a period of cooling - Anadolu Ajansı
Kremlin leader Vladimir Putin will be forced to enter peace negotiations due to the further exhaustion of the Russian economy. — Ukrinform.
Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and threatens to undermine the nation’s wartime economy.
Simon Migliano, who compiled the Top10VPN shutdown report, told me “Iran’s current nationwide blackout is a blunt instrument intended to crush dissent, starkly different from the sophisticated, slow-burn digital censorship we’re seeing in Russia.”
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 natural gas. Economic growth has also slowed sharply.
MOSCOW (Reuters) -Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister Anton Siluanov told President Vladimir Putin on Wednesday.
Prime Minister Mikhail Mishustin offered a dark assessment of Russia’s economic and fiscal situation at a Cabinet meeting on Thursday. Even the pro-Kremlin Moskovskij Komsomolets newspaper struggled to whitewash Mishustin’s remarks, observing that the ...
Even as President Donald Trump insists Russia has the upper hand in its war against Ukraine, economists say the country’s position is weaker than ever because the Kremlin has burned through most of the cash reserves and the borrowed money that fueled its ...
In 2014, Senator John McCain famously said that Russia was “a gas station masquerading as a country”. By this, he meant that its economy was overly dependent on oil and natural gas revenues. Fast forward to today, and nothing much seems to have changed.
As sanctions bite and revenues shrink, Russia is slipping backward, reviving barter and improvised trade to keep its economy afloat.