Russia's sky-high interest rates will struggle to fight inflation in the sanctions-stricken economy, top Russian bank CEO says
Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top ...
Russian rouble collapse exposes deep problems in the country’s economy
However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the ...
Putin makes it official: Russia is all in on defense spending
A top Russian banker said last week that he expects Russia's economic growth to slow next year.
Crude Oil Prices4h
Putin's War Effort Strains Russian Economy
Russia's newly approved budget reveals a record-high allocation for defense spending, signaling an intensified commitment to ...
Putin's Economy Suffers Another Blow
Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...
Ukrinform15h
Anti-Russian Sanctions: How to Make Them Work as Desired and Expected to Prevent Russia Making Billions to Sustain its War Effort
The measures that urgently need to be undertaken include making improving updates to the oil price cap mechanism, blocking ...
TASS4h
FACTBOX: What we know about situation in Abkhazia
On November 28, members of the Abkhazian parliament adopted a resolution on setting an early presidential election for February 15, 2025 ...
Kyiv Post17h
‘We Will Spend Every Dollar Appropriated’ – Ukraine at War Update for Dec. 3
US announces $725M for Kyiv with seven weeks left for Biden; Kremlin boosts military spending to 33% of budget as economy ...
Angela Merkel recalls Trump’s ‘fascination with the sheer power’ of strongmen like Putin and Kim
Former German Chancellor Angela Merkel recalled first meeting Trump at the White House in 2017. Sitting by the famous ...
Wilson Center4h
Russian Energy Terrorism Poses Significant Threats in the Short and Long Term If Not Stopped
The November 17 attack was the tenth large-scale attack on Ukraine’s energy system in 2024. The previous attack, on August 26 ...
Ukrainska Pravda on MSN4h
India abandons Russian weapons in favour of American ones – Bloomberg
The refusal to buy further Russian armaments highlights Prime Minister Narendra Modi's efforts to minimise reliance on Moscow ...
TASS3h
Russian Finance Ministry to offer 13 issues of substituting sovereign Eurobonds
MOSCOW, December 3. /TASS/. The Russian Finance Ministry floated 13 issues of substituting Eurobonds, the ministry said on its website. "The Ministry of Finance of the Russian Federation informs about ...