News

Russian economy meltdown as ruble chaos erupts after yuan rises 2%
The selloff coincided with another failed round of peace talks between Russian and Ukrainian officials in Istanbul, well over ...
Russia Again Cuts Interest Rates as Its Economy Slows
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
Russia’s Growing Economic Woes Set Stage for Deeper Key Rate Cut
The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...
Russia's Nabiullina on rates, the economy and the banking sector
Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...
How a Chinese Border Town Keeps Russia’s Economy Afloat
The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two ...
The Moscow Times on MSN14h
Russia’s Coal Industry Is Collapsing. Will it Drag the Economy Down With It?
Slumping global coal prices and sanctions have put Russia’s coal industry on the brink of collapse, forcing the government to ...
Russia is pouring money into its war machine — but it's still struggling to create new, advanced systems
Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.
RBC Ukraine on MSN11h
Trump slams Putin for wasting money on war instead of investing in economic growth
The Russian economy is currently in decline. Moscow is spending all its money on killings and war, said US President Donald ...