When Russian President Vladimir Putin waged war on Ukraine, he also sparked an economic battle for his people.

Conventional economic theory suggests that bankruptcy allows inefficient businesses to fade away, creating market niches for ...

The currency has depreciated to levels last seen at the onset of the war due to new sanctions. Heavily reliant on imports, ...

Delays in the payment of pensions or in the military cannot be ruled out. Russian society fears a return to the chaos of the ...

The Bank of Russia has more serious concerns than having to manage the fallout from U.S. sanctions on Gazprombank, which sent ...

After Moscow’s latest strikes on Ukraine’s power grid, Biden drives home a message of urgency; More drone attacks on Kyiv; As ...

With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale ...

Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against ...

EADaily, . The Central Bank of the Russian Federation has fallen again. Yesterday's jump in the value of foreign money in ...

Inflation has again spiked in Russia in recent months, fuelled by massive public spending on the Ukraine war and big wage ...

EADaily, November 28th, 2024. Finance Minister Anton Siluanov said again today that Russia has decided to use the proceeds ...

The ruble reached a two-year low against the backdrop of growing economic problems in the russian federation, caused by a ...