Russia’s overheating economy is on the brink of cooling as huge fiscal stimulus, high interest rates, stubbornly high inflation and Western sanctions take their toll…
Posts tagged as “russian economy”
Russian President Vladimir Putin hailed on Thursday the Russian economy as “stable” though he expressed concern over “worrying” high inflation, almost three years into the…
The next U.S. administration may make an effort to ease tensions with Moscow but Western sanctions are unlikely to be lifted any time soon, according…
Bread prices have jumped so much over the past few years that Russian pensioner Oleg Ivanovich sometimes has to go without it. But the 67-year-old…
The corporate exodus from Russia since its 2022 invasion of Ukraine has cost foreign companies more than $107 billion in writedowns and lost revenue, a…
Russians are noticing significant price increases in certain imported essentials such as fruits, coffee and olive oil. Many international brands have vanished, replaced by Russian…
The Kremlin sent well wishes to Elvira Nabiullina on Tuesday amid speculation that the governor of Russia’s central bank was in hospital after she canceled…
The Kremlin said on Thursday that it expected the West to impose ever tougher sanctions on it over the war in Ukraine but that there…
The shelves at Moscow supermarkets are full of fruits, vegetables, cheese and meat. But many of the shoppers look at the selection with dismay, as…
German Foreign Minister Annalena Baerbock expressed disappointment that Western sanctions against Russia over the war in Ukraine were not having an “economic impact.” The United…