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Russian economy stumbles

Russian Ruble Nosedives as Economy Gives Putin Major Headache

The Russian ruble was 110 to the U.S. dollar on Friday, and while this is not the lowest level it has reached in recent weeks, having hit 114 on November 26, the U.K

essanews.com on MSN · 2d

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,

Daily Wrap on MSN · 2d

Russian economy falters as inflation and interest rates soar

The Russian economy is beginning to falter, with inflation exceeding 9 per cent. The central bank has raised the main interest rate to 21 per cent, and bank loan interest rates are approaching 30 per cent.

A European region shut down swathes of its economy

Business Insider · 1d

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.

Reuters · 4d

Europe's Russian gas era comes to an end as Ukraine transit stops

Russia’s once-dominant gas supply to Europe via Ukraine, which flowed for decades, is set to end on New Year’s Day with the collapse of a contract between the two warring countries that paid out billions to Moscow in gas revenue and to Kyiv in transit fees.

Newsweek · 1d

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."

Putin faces mutiny from Russian businesses as ruble tanks: 'Criticism is growing'

This is due to the inflationary effects of the depreciation, labour shortages and high government spending. It comes as Putin ...

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 ...

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 ...

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 ...

15don MSN

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 ...

Foreign Affairs18d

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's13d

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 ...

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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Russian economy stumbles

A European region shut down swathes of its economy

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