Russian Economy Facing a Tidal Wave of Bankruptcies
One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF).
Russian economy meltdown with 'moment of truth' and 'major bankruptcies' looming
Putin is increasingly having to dip into Russia 's National Wealth Fund, whose reserves have plummeted almost 74% from £94 billion to just £25 billion, since the beginning of the war. A further problem for the Kremlin is the rouble's plunge in value, which is adding to inflationary pressure.
Putin lauds the strength of Russia’s war economy. Others see a mirage
Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew ...
The Russian war economy is facing a ‘moment of truth’ as Putin’s dwindling cash reserves raise odds of a financial crash, expert says
Nearly three years after Russia invaded Ukraine, Vladimir Putin’s economy is entering a critical phase as inflation, shortages, and shrinking cash reserves constrain his war effort soon ...
Russia’s economic resilience crumbles under war pressures
Some analysts have likened Russia’s current economic situation to being “on steroids,” while others compare its rapid yet unsustainable growth to “running on cocaine.” According to CNN, Russia may soon experience the painful crash after the party.
Russia on brink of economic ruin as India and China stop buying Kremlin's oil
Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas ...
Putin reportedly concerned over Russia's economy ahead of possible Trump tariffs
Russian President Vladimir Putin is reportedly worried about the state of the country's economy amid threat of tariffs from ...
Five key challenges for the Russian economy in 2025
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
China Is Quietly Taking Over Russia's Tech Market
Once a global leader in cryptocurrency mining, China banned the activity in 2021, citing financial and environmental concerns ...
Economists are questioning Russia's economic data, seeing a more troubled picture
Russia's latest economic data showed it had a strong 2024 and decade-high budget revenues in December. But economists say ...
Exclusive: Putin growing concerned by Russia’s economy, as Trump pushes for Ukraine deal
Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle ...
Ukraine Strikes Second Major Russian Oil Refinery in a Week
Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...
Trump’s Russia sanctions might be what finally works
Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...