The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...

Russia’s economic outlook is growing increasingly uncertain as it grapples with manufacturing declines and inflationary ...

The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...

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 ...

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 ...

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 ...

This will keep Russia's economy running and, the government promises, growing at a rate of at least 6.5 percent for some years to come.

Robin BJALON Dec 18, 2024 Dec 18, 2024Updated Dec 19, 2024 Russia's economy is suffering from inflation, high borrowing costs and growing numbers of bankruptcies which many analysts blamed on the ...