British intelligence highlights issues in Russian economy
This is the highest rate since the beginning of Russia's invasion of Ukraine and reflects the CBR's concerns about rising inflationary pressures in the Russian economy. CBR governor Elvira Nabiullina stated that "more drastic changes" regarding monetary policy might be needed to deal with inflation and get it under control.
UK intelligence points out challenges Russian economy faces amid war in Ukraine
UK Defence Intelligence has analysed the situation in the Russian economy amid the ongoing full-scale war in Ukraine. Source: UK Ministry of Defence on X (Twitter); European Pravda reports Details: The intelligence recalls the recent decision of the Russian Central Bank to raise the interest rate to 21%,
The great Russian butter robbery—and what it reveals about Putin’s wartime economy
The price of a butter slab has spiked 26% since December, reflecting how inflation is unraveling for the average Russian in Vladimir Putin's war economy.
Butter thefts highlight cost of Russia’s war economy
Thefts of packs of butter have highlighted the impact of skyrocketing inflation on Russia’s war economy. President Vladimir Putin’s splurge on arms and ammunition has helped Moscow to maintain an advantage on the battlefield in Ukraine,
Russia’s Wartime Economy Hits Daily Goods: Butter Prices Jump 26%
Russia’s wartime economy is straining under the cost of basic goods, with butter becoming the latest symbol of inflation and resource scarcity. The price of butter has jumped 26% over the past year, with some stores now placing alarmed security boxes around it to prevent theft.
Russian economy on the brink as bankruptcies explode and defence sector faces huge crisis
The head of Russia's defence conglomerate has warned that 'most of our business' will go bankrupt due to high levels of ...
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Bloomberg: Russian Billionaires Do Not Believe War Will End Soon
A September report from the Stockholm Institute of Transition Economics argues that while Russia will not face a “full-blown” ...
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Russian diplomat doubts EU economy could rebound unless policy toward Moscow changes
TASS/. EU economy won’t bounce back unless the bloc reconsiders its wrongful policies toward Moscow, Russian Foreign Ministry Spokeswoman Maria Zakharova said. "The starting point for improving ...
Russia’s economy is overheating
Russia’s economy is overheating thanks to war spending and labor shortages nearly three years into its full-scale invasion of ...
The chances of Russia's economy collapsing are 'extremely small,' and the war can go on for the long term, economist says
An economist says Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable.
Russian economy on brink as mortgages explode and home buyers face £752k repayments
Russian home buyers theoretically face loan repayments running into hundreds of thousands of pounds, after mortgage rates in some Russian banks reached an eye-watering 43%. Recently the Russian ...
Russian firms face challenge of customers failing to pay debts, says business lobby
Customers failing to pay on time was the leading factor hampering Russian businesses in the third quarter, major business union RSPP said on Friday, as companies grapple with high interest rates and ...
Russian economists and officials foresee a hard struggle in 2025
At a pivotal economic forum, leading figures in Russia's economy said to expect lower growth and investment delays due to ...
How the Trump presidency might affect the global economy
With his threat to impose tariffs on all imported goods, the rest of the world will have to learn how to better work together ...
Russia economy meltdown as runaway inflation sees 64% potato price rise
Russian staples including potatoes, bread and dairy are soaring in price thanks to Vladimir Putin's war against Ukraine.