Russia, Ukraine and economic Outlook
Digest more
The selloff coincided with another failed round of peace talks between Russian and Ukrainian officials in Istanbul, well over three years since the start of the war.
14h
The Moscow Times on MSNRussia’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 intervene as it scrambles to protect both a key energy source and a major employer.
Considering Russian President Vladimir Putin was only using the 50-day deadline as an excuse to unleash more destruction on Ukraine, President Trump is right to shorten it to a little over a week.
Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.
The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from officials and businesses to save the economy from sliding into recession.
Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.
The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two countries, complicating China’s relationship with Europe.
11h
RBC Ukraine on MSNTrump slams Putin for wasting money on war instead of investing in economic growthThe Russian economy is currently in decline. Moscow is spending all its money on killings and war, said US President Donald Trump during a conversation with journalists. Trump said that he "always got along with President Putin".