Russia is locking up butter as inflation crisis reaches new heights
Nov 18, 2024 · Americans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by comparison – and just one symptom of an economy that is overheating. Butter,...
The Russian Economy's Biggest Problem Right Now - Newsweek
Nov 30, 2024 · Russia's economy has had a turbulent few years since its invasion of Ukraine in February 2022. The sharp decline of the ruble's value in recent weeks is just the most recent economic spasm.
Russian Ruble Collapses As Putin's Economy in Trouble
Nov 27, 2024 · Sanctions have made it harder for Russian businesses to deal with international payments and the latest measures could see Russia's trade balance worsen, pushing down the ruble further.
Putin urges 'balanced' central bank rate decision for overheating economy
Dec 19, 2024 · The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Vladimir Putin said, expressing hope for a "balanced" rate decision by the central bank...
The ruble is down, the price of potatoes is up. But is Russia's economy …
Nov 28, 2024 · According to Russia's statistics agency, Rosstat, the price of potatoes has gone up 74 per cent since the beginning of the year. Butter has risen by more than 25 per cent, leading to reports of...
Russia's economy is heading toward a fate worse than recession, …
Nov 13, 2024 · Russia's tight monetary policy is costing businesses profitability and risks spurring bankruptcies. Moscow's failed attempt to stamp out inflation is driving the country toward its worst-case...
The ruble’s in a slump. For the Kremlin, that’s a two ... - AP News
Nov 29, 2024 · Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under control with one hand even as it overheats the economy with spending on the war against Ukraine with the other.
Russian economy - Financial Times
Nov 21, 2024 · Russia launches Christmas Day attack on Ukraine’s energy system; Dozens feared dead as Azerbaijan Airlines plane crashes in Kazakhstan; The paradox of Christmas is what makes it so...
Russia Can’t Keep Spending Like This for Long - Foreign Policy
Oct 28, 2024 · Russia could soon struggle to preserve costly social stability at home while waging its expensive war against Ukraine. To understand Russia’s economic troubles, looking at inflation is a good...
How Russia's economy grows despite thousands of Ukraine war ... - CBS News
Oct 27, 2024 · Countries have imposed thousands of sanctions on Russia since it launched its unprovoked invasion of Ukraine, but more than two years later, Russia's economy is growing. In 2022, the...