Russia, Ukraine
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For a while, it looked as if Russia’s economy had beaten the odds. After Western sanctions, oil embargoes and the cost of war weighing heavily, its economy bounced back faster than expected. Factories worked around the clock,
The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, saying that Russia had considerable reserves and was strong enough to allow President Vladimir Putin to achieve his goals.
MOSCOW (Reuters) -From railways and automobiles to metals, coal, diamonds and cement, some of Russia's biggest industrial companies are putting employees on furlough or cutting staff as the war economy slows,
How long can the Ukrainian military hold up versus how long can the Russian economy hold up.” Tougher sanctions, including tariffs on countries buying oil from Russia, would cause Russia’s economy to undergo a “full collapse”,
Russia's GDP growth is expected to fall short of the 2% annual growth target required to cover defense, security, social spending, and investment.
Scores of sanctions from the US, EU, UK and others have weakened Russia’s economy, but not its resolve to carry on fighting. What’s now needed is not just more but smarter penalties, experts say.
A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has distorted labor markets, driven inflation near 10%, and ...
Opinion
New York Magazine on MSNWhy Russia May Be Running Out of Time in Ukraine
Gould-Davies, a senior fellow for Russia and Eurasia at the International Institute for Strategic Studies who has served as the U.K. ambassador to Belarus, wrote recently that foreign-policy setbacks and economic challenges have put Russia in a bind,
Almost 900 miles from Ukraine’s borders, a fire erupted at a Russian oil refinery on Saturday. The blaze – a result of a strike by Ukrainian long-range drones, according to sources in the country’s security services – was the third at the facility in the last month alone.