Russia, VTB Bank
Exclusive: Top Russian banker says sanctions-hit economy will slow in 2025
Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark interest rate may climb to 23% by the end of this year, Andrei Kostin, CEO of Russia's second-largest lender,
Russia’s Economy Is Slowing, Opening Fissures Over Policy
Last month, the central bank also lowered its forecast for Russia’s economic growth next year to 0.5 to 1.5 percent, compared with 3.5 to 4 percent this year. The slowdown comes even as the government continues to pump record amounts of money into the economy to finance the war.
Putin signs off on record Russian defense spending
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President Vladimir Putin said there isn’t any reason for Russians to panic after the currency fell to its lowest level since ...
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Our research shows a surprising level of disapproval among the Chinese public of Russia’s invasion of Ukraine.
The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury ...
A Russian newspaper warned that rampant inflation is hurting the economic well-being of ordinary Russians as pressure grows ...
"Russia cannot continue waging the current war beyond late 2025, when it will begin running out of key weapons systems." ...
The Russian currency has hit a 32-month low against the U.S. dollar as the wartime economy faces another blow.
The reports come after years of crippling sanctions on Russia after Vladimir Putin launched a full-scale invasion of Ukraine.
The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is ...
Russian President Vladimir Putin is rushing to defeat Ukraine because the Kremlin stands on the brink of economic crisis.
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