Russian Economy Faces Sharp Slowdown as War Rages On, Bank Warns
The central bank's forecast noted that Russia's growth for 2024 was 4.1 percent—higher than predicted in October, mostly due to a bigger-than-expected growth in domestic demand. The U.S.'s GDP grew by ...
Russian central bank expected to keep benchmark rate on hold on Feb 14: Reuters poll
The Russian central bank is expected to keep its benchmark interest rate on hold at a board meeting on February 14 but is ...
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Raiffeisen Bank Services Firms Supplying Russia's War Machine – Bloomberg
Raiffeisen Bank’s clients include firms supplying the Russian military as it continues to wage war on Ukraine, Bloomberg ...
Russian central bank says January 2025 current account deficit at $0.7 bln
Russia's current account deficit in January 2025 stood at $0.7 billion, compared with a surplus of $2.9 billion in January 2024 and a deficit of $1.6 billion in December 2024, the country's central ...
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Russian economy strains could push Putin toward peace talks
The deteriorating economic situation in Russia may prompt Vladimir Putin to engage in peace negotiations and end the war against Ukraine, five anonymous sources close to the Kremlin administration ...
Ukraine renews efforts to seize Russian assets WaPo
Kiev reportedly hopes to persuade Washington to back the move by suggesting the money be used to pay for US weapons Ukraine ...
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Russian business leader: No interest rate hike expected
Aleksandr Shohin, president of the Russian Union of Industrialists and Entrepreneurs (RSPP), said Tuesday he does not expect the Russian Central Bank to raise its policy interest rate during its ...