Russia’s War Economy Shows New Cracks
The ruble is down, the price of potatoes is up. But is Russia's economy really in trouble?
The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is the uproar over the rising price of potatoes.One lawmaker is calling on the country's prosecutor general to investigate the surging cost of this household staple,
Russia’s ruble is sagging against other currencies, complicating the Kremlin’s efforts to keep consumer inflation under ...
The Russian currency has hit a two-year low against the U.S. dollar, reaching 107 on Tuesday, as sanctions continue to hit ...
Investors have been spooked after Russia was hit with fresh sanctions and as tensions rose after a hypersonic missile attach ...
“There is a significant risk that the weakening of the ruble will continue,” said Yevgeny Kogan, a professor at Moscow’s Higher School of Economics. Sanctioned Russian banks cannot conduct ...
“Consequently, the pass-through of the ruble's depreciation to prices is ... currency and dealing with the monetary fallout of Moscow's invasion of Ukraine. The bank then steadily lowered ...
The ruble has fallen almost 8% against the dollar ... when the US sanctioned the Moscow Exchange — which immediately halted dollar and euro trading. On Wednesday, the bank also said it wouldn ...
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Kremlin bots spin ruble plunge to soothe Russian citizensKremlin bots have launched an offensive to persuade VKontakte social network users that the sharp decline in the ruble's ...
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