Vladimir Putin held a meeting on economic issues. The meeting was attended by Prime Minister Mikhail Mishustin , First Deputy ...

After the Soviet Union dissolved in December 1991, Russia’s transition to a market economy plunged millions into poverty. The “shock therapy” reforms of the early 1990s caused the economy to shrink by ...

Analysis of Russia and Ukraine’s war economies shows Ukraine’s short-term strain but Russia’s deeper long-term decline as ...

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A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has ...

U.S. President Donald Trump drastically changed his view of the prospects for the Russian economy after seeing photographs of gas station lines in Russia. It was the visual images of collapse, rather ...

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ...

Amidst economic sanctions, the Russian economy refuses to bend. U.S. sanctions have historically struck fear across global markets. Companies and countries scrambled to avoid being on the wrong side ...

Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ...

On Thursday, Russian President Vladimir Putin held a televised event to discuss the current state of the Russian economy. During his speech, the Russian leader dismissed international reports that ...

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit. Political fortunes turn fast. One day in August, US president Donald Trump and ...