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Russian economy stumbles

Russian economy stumbles as inflation soars and ruble dips

The Russian economy is beginning to falter, with inflation exceeding 9 percent. The central bank has raised the main interest rate to 21 percent, and bank loan rates are approaching 30 percent. The ruble exchange rate has fallen to levels seen in the early months of the war,

Newsweek · 1h

Russian Ruble Nosedives as Economy Gives Putin Major Headache

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the country faces further economic turbulence exacerbated by the ending of its natural gas transit deal with Ukraine.

Daily Wrap on MSN · 1d

Russia's economic strain: Inflation soars, debt threats loom

The Russian economy is beginning to falter, with inflation exceeding 9%, the central bank increasing the main rate to 21%, and bank loan interest rates approaching 30%. The ruble exchange rate has dropped to the levels seen during the initial months of the war,

Europe, Ukraine and Russia

Business Insider · 23h

A European region shut down swathes of its economy after Russian gas stopped flowing from Ukraine

Industrial production has screeched to a halt in Transnistria, a breakaway region of Europe, after Russian gas flows through Ukraine came to an end.

Newsweek · 19h

Russia Warns Europe Will 'Pay the Price' for Ukraine Cutting Off Gas

Russia's Foreign Ministry blamed the U.S. for the decision, saying it will impact "the standard of living of European citizens."

The Wall Street Journal on MSN · 1d

European Gas Prices Gain After Expiry of Russia-Ukraine Transit Deal

European natural gas prices were on the rise after a transit agreement between Russia and Ukraine came to an end, while a looming cold snap in Europe is also adding support.

The Moscow Times on MSN2d

The Russian Economy in 2025: 5 Key Things to Watch For

In March 2022, as Russia's invasion of Ukraine was unfolding, U.S. President Joe Biden said that Western sanctions were ...

Are Russian Sanctions Working? Debate Gains New Urgency With Trump.

The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over ...

10don MSN

Russia's economy is entering a year of pain in 2025

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

23h

Moldova Region’s Industry Grinds to Halt on Lack of Russian Gas

Moscow breakaway region of Transnistria halted almost all industrial activity except for food production, following the end ...

Daily Express US on MSN6d

Putin warned he will soon have to end war in Ukraine to save Russian economy

Putin is dangerously close to having to choose between "guns and butter" if the war with Ukraine continues, a leading Russia ...

15d

'Agitated' Putin reveals tell-tale sign of how he feels about struggling Russian economy

EXCLUSIVE: The Russian President was characteristically measured as he took part in the Kremlin's choreographed annual ...

Foreign Affairs17d

The Russian Economy Remains Putin’s Greatest Weakness

The tsarist Russian army, having exhausted the Prussians, was on the march and threatening Berlin. But then the unthinkable happened: Empress Elizabeth of Russia died, and her Prussophile successor, ...

Barron's12d

Luxury Western Goods Line Russian Stores, Three Years Into Sanctions

The picture is a far cry from the West's claims that its sanctions would collapse the Russian economy and cut it off from ...

2don MSN

Moldova faces energy crisis as flow of Russian gas ends

Russian gas has stopped passing through Ukraine after a five-year deal expired, leaving Moldova at risk of a crisis.

Russian Oil Production Collapses to 20-Year Low

Russia's average daily production of crude oil in 2024 slumped to its lowest level in nearly two decades, according to the ...

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