Vladimir Putin has staved off additional U.S. sanctions for now, as he bought more time to prosecute his war on Ukraine by meeting with President Donald Trump in Alaska last week, sparking a flurry of ...
Putin wants officials to keep a ‘close eye on all indicators of the health of our industries, companies and even individual enterprises’ – Copyright AFP Fadel ...
MOSCOW (Reuters) -President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation. "As for the decline from more than 4% GDP growth: ...
Top Russian economic officials have acknowledged a significant cooling of the economy, with some indicating a transition into recession after a period of robust war-fueled growth. The Russian Central ...
At Russia’s annual marquee event for business investment, a Kremlin-funded bubbly celebration of promise and opportunity, the country’s top economic minister poured cold war on the party. “According ...
It is true that this resilience owes a lot to Russia’s heavy fiscal stimulus. Last year the government spent the equivalent of 7-8% of GDP on the armed forces. This enormous outlay, those who foresee ...
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a ...
Russia’s economy returned to growth last quarter, dodging a recession despite pressure from ultra-high interest rates. Gross domestic product in annual terms expanded 1.1% in the second quarter, ...