Businesses are crippled by extensive labour shortages. Soaring inflation has prompted Russian supermarkets to keep butter in ...
Putin called for "coordinated joint efforts" from the Russian government and the central bank to curb inflation.
Russia central bank's decision to raise interest rates to record highs to curb inflation caused by the Ukraine war has left ...
"Cracks have started to emerge" in the Russian economy as Putin's labour force begins to run dry, it has been warned. In October, interest rates were raised to to a 21-year high of 21% to curb rampant ...
Russian monetary officials raised the cost of credit for banks by hiking the key interest rate to 21 percent — higher than it ...
The Russian economy is in crisis as Vladimir Putin's labour force runs dry, with the country's central bank warning that ...
Our columnists write how the house of cards that Vladimir Putin has so carefully stacked is folding before our eyes ...
Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin ...
and the government — against Russian central bank governor Elvira Nabiullina's policies. Sergei Chemezov, the CEO of the defense conglomerate Rostec, said in October that record-high interest ...