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Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the ...
In a rare public sign that all is not well in Russia, two high-ranking Moscow officials last week issued separate warnings ...
Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed at choking Moscow's military machine. Strong GDP has been driven by high ...
Putin’s economic priorities were spelled out in Russia’s recent budget, with military and security spending set to reach $142 billion in 2025 — 40 percent of budget spending, or more than 8 ...
Russia’s economic output duly contracted by 2.1% last year, ... The group said this contributed to a high risk of “long-term stagnation of the Russian economy.” ...
Russia's economy needs a 6-day work week to help navigate sanctions, ... The group includes Russian business leaders, as well as several Russian members of parliament, per its website.
Russia's economy will shrink 15% this year and 3% in 2023 as the hit from Western sanctions, an exodus of companies, a Russian "brain-drain" and collapse in exports wipe out 15 years of economic ...
The productive core of the Russian economy has been severely compromised," the group wrote in an op-ed for Fortune this week. Russia has been spending heavily on its military and defense sectors ...
Russia's Economy Minister Maxim Reshetnikov says the country is on the brink of a recession. Reshetnikov delivered the ...
The wartime economy that Russia spurred into overdrive is slowing, causing tensions among the country’s economic elites as the war with Ukraine approaches its fourth year.
Russia's economy is being sustained by the Wagner Group's gold smuggling operations, the UK government says. A report says the mercenary group has been sneaking "significant" amounts of gold out ...