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.
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 ...
Putin Faces 'Really Big Problems' in Russian Economy: Report
The Russian leader is reportedly facing growing pressure from Russia's elite to engage in peace talks to end the war.
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. But some experts say this image of resilience is a mirage crafted by the Kremlin.
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.
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 ...
Kyiv Independent on MSN21h
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, ...
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 ...
Skeptical of Russia's data, some Western officials judge its economy by looking at Moscow from space
Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story ...
Russian economy meltdown as firms face mass bankruptcies and consumer borrowing costs soar
Hit by a triple whammy of soaring loans, plummeting sales, and evaporating state support, many small-and medium-sized ...
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 ...
Zelenskyy praises Trump for 'just and fair' rhetoric toward Russia: 'Exactly what Putin is afraid of'
Ukrainian President Volodomyr Zelenskyy tells 'Hannity' why he's in favor of President Donald Trump's rhetoric toward Russia.
Poland warns against restarting Russia gas supplies
Poland's president has said that gas flows from Russia to Western Europe should never be restored, even if Russia and Ukraine ...