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Russia's war-driven economy on the brink of stagnation
The Russian economy, driven by war expenditures and masking structural problems, is on the brink of stagnation. Although the ...
Russian Economy Time Bomb: Putin Warned of 'Seismically Disruptive' War Debt
About half of Russia's military budget is off the books, according to Craig Kennedy, a former Morgan Stanley investment ...
Russia and Iran sign a partnership treaty to deepen their ties in the face of Western sanctions
The presidents of Russia and Iran have signed a broad cooperation pact to deepen their partnership amid stinging Western ...
Business Insider3d
Russia is on pace to run out of financial reserves by this fall, which would cripple war efforts, economist says
In the meantime, the war economy might also require price controls and rationing — the old Soviet sins. As the risk of a financial crash rises, Russia's imperiled economy is about to pose ...
Daily Express3d
Russia on brink of economic 'collapse' as bank accounts to be frozen and food rationed
Vladimir Putin is reportedly considering proposals to freeze Russian bank accounts and introduce food rationing in an attempt to prevent an economic collapse. Russians have been hit hard by rising ...
Trump Treasury Nominee Scott Bessent: More Sanctions Could Bring Russia "To The Table" On Ukraine
Scott Bessent, Donald Trump's nominee for Treasury Secretary, said during a confirmation hearing Thursday that he is ...
Lithuania vows to boost defense spending to 5-6% of GDP, citing the threat of Russian aggression
Lithuania’s president says his country has made the decision to raise its spending on defense to between 5% and 6% of overall ...
Russian Ruble Nosedives as Economy Gives Putin Major Headache
The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...
Trump treasury pick Scott Bessent calls for stronger Russia sanctions, Fed independence at confirmation panel
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
Scott Bessent ‘100% on board’ with tougher Russia sanctions
The treasury secretary nominee said he has no qualms about tightening sanctions against Russia and Russian energy products if Trump is in favor of doing so.
Russia says it will help Vietnam become a ‘partner country’ in the BRICS bloc of developing nations
Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...