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 ...
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Russian economy in 'disaster' as key insider says 'Vladimir Putin knows it can't grow'
Russia's central bank has been struggling to get a grip on rising prices after maintaining interest rates at its record 21 ...
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Historic inflation weakens Russian economy
Inflation hasn't spared Russia. At his end-of-year press conference, Vladimir Putin himself acknowledged that inflation, a ...
Russia's economy has irreversibly turned toward a 'stagnation trap,' think tank says
Russia's economy has operated like a marathoner on fiscal steroids—and now those steroids are wearing off." ...
Putin urges 'balanced' central bank rate decision for overheating economy
The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Putin said, ...
Russian economy meltdown as key Kremlin player reveals 'disaster' situation
Raging inflation is being driven by the billions the Kremlin is pumping into military industries as its invasion of Ukraine ...
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Mass layoffs hit Russian IT workers as businesses try to conceal cutbacks amid claims of a robust economy — The Bell
Layoffs of IT specialists in Russia have accelerated as 2024 draws to a close. According to reporting by The Bell in its ...
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Putin Admits Inflation Is 'Worrying' Despite Claims Russian Economy Is 'Stable'
Russian President Vladimir Putin has acknowledged mounting concerns over inflation but maintained that the countrys economy ...
Luxury Western Goods Line Russian Stores, Three Years Into Sanctions
Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive ...
Russia's economy is set to lose another source of income that Ukraine controls
Russia is set to lose yet another source of income for its war chest in days — and it's Ukraine calling the shots. An agreement to let piped Russian natural gas transit via Ukraine to Europe is set to ...
Russian central bank holds rates steady at 21% amid criticism from key business figures
Russia’s central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff ...
EU Economy Chief Open to Confiscating Frozen Russian Assets
The European Union should consider taking bolder steps such as confiscating frozen Russian central bank assets to compensate ...