#russia-economy
#russia-economy

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Putin's war machine facing significant funding squeeze as they are in a recession - London Business News | Londonlovesbusiness.com

The Russian economy has contracted about 1.5% since February 2022 and likely faces recession, higher real inflation, depleted reserves, and reduced external revenues.

World news

fromwww.theguardian.com

2 weeks ago

Ukraine war briefing: Top banker's straight talk to Putin over troubled economy

Russian economic strains emerge alongside intensified fighting in Zaporizhzhia, cross-border strikes, and drone incidents affecting neighboring NATO states.

fromwww.aljazeera.com

1 month ago

Is Russia's economy at risk as oil revenues shrink?

Russia plans to raise tax to fund its defence budget as oil revenues decline. Despite Western sanctions, Russia's military spending has fuelled its war economy. Three years into the war in Ukraine, growth is stalling, energy revenues are plunging, and the budget deficit is widening. To shore up state coffers, Russia is raising the value-added tax from 20 percent to 22 percent, among other measures.

World news

fromFortune

3 months ago

Russia is 'teetering on the brink of a recession' and headed for a disastrous harvest, while Putin's other top source of cash plunges

Russia temporarily avoided new U.S. sanctions after an Alaska meeting, but faces mounting economic strain, poor harvests, plunging energy revenue, and growing recession risk.

fromwww.dw.com

6 months ago

Can Trump sanctions on Russia force Putin's hand? DW 05/05/2025

One major drag is Russia's exorbitantly high interest rate, currently 21%, which is choking off private investment. The auto industry and mechanical engineering sectors are particularly hard hit.

Europe news