The Russian ruble is back. The USD/RUB exchange rate has retreated from last year’s high of 114.45 to the current 98.30, its ...

Russia’s economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%).

As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war.” ...

(chart) The amount of cash in Russia’s ... but in the final version it was increased by a quarter; Russia spent 6% of GDP (RUB10.3 trillion) on defence in 2024 but MinFin plans to increase ...

According to the first estimate of Rosstat, Russia's GDP growth at the end of 2023 reached 3.6% MOSCOW, February 28. /TASS/. Russia’s GDP in January 2024 grew by 4.6% in annual terms after 4.4% ...

Russia has reoriented its economy toward war operations through development of the military industry. But sanctions, high inflation and worker shortages have buffeted the economy and raised ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. Its figures are, if not rosy, not ruinous either. Last year, the war economy likely grew ...

Against this lugubrious backdrop, many analysts have seized on what appears to be a rare bright spot: Russia’s faltering ‘war economy’, which – according to some – is ‘Putin’s greatest weakness’. An ...

MOSCOW, Jan 23 (Reuters) - The Russian economy has shown resilience during ... including a stop to state home loan subsidies. A line chart comparing inflation metrics over the past five years.

Using Russia as a case study, help students examine the real-world struggles of converting from a command economy to a market economy. Begin by defining the terms "command economy" and "market ...