News

The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...
The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...
The Russian economy is being dealt blow after blow, as vehicles have become unaffordable for many residents and China is ...
But other problems tangential to the war – which were not discussed at SPIEF – centre around Russia’s ability to support and stimulate those territories of Ukraine that it has seized, to avoid them ...
Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis in ...
Business Economic woes mount for Russia’s war machine. Inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines.
Despite a recovery from a 1.4% contraction in 2022, the Russian economy showed signs of overheating by 2023, as wage growth and inflation accelerated. The central bank raised interest rates as high as ...
Russia's economy is going from bad to worse as Western sanctions hammer the country's key sectors. ... The country's economic woes have multiplied since its invasion of Ukraine early last year.
Russian President Vladimir Putin has been warned that his country is on the brink of recession as the price of potatoes soars and fails to meet high demand, with the economic impact potentially hamper ...
The economic woes add to Russian President Vladimir Putin's case for talks with U.S. President Donald Trump on ending the war in Ukraine. Trump said on Jan. 21 that Putin was "destroying Russia ...
The global financial crisis could put on hold Russia's plans to unclog jammed roads, rebuild aging power stations and patch up leaky pipes in a massive infrastructure revamp that could cost up to ...
Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines, as the costs of the Ukraine war and Western ...