News

Russia’s Growing Economic Woes Set Stage for Deeper Key Rate Cut
The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...
Russia's tipping point: could war and recession break Putin's regime by 2026?
Russia is running out of money, soldiers and time. As the economy crumbles and the war in Ukraine continues, the cracks in ...
Kyiv Independent on MSN5d
In latest sign of Russian economy woes, Kamaz truck company cuts working week due to market collapse
The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...
Sanctioning ghosts: Why US plans to hit Russia with fresh economic penalties will have little effect
Trade between Russia and US has fallen 90% since 2021 – blunting the impact of any proposed tariffs or sanctions.
Russia economy meltdown as automotive industry tanks with car sales plummeting
The Russian economy is being dealt blow after blow, as vehicles have become unaffordable for many residents and China is ...
Kyiv Independent on MSN5d
Russian Central Bank lowers interest rate from 20% to 18%
The Central Bank of Russia announced on July 25 that it had cut its key interest rate for the second time this year, lowering ...
Russia's Kamaz to shorten work week due to truck market crisis
Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis in ...
France, UK Sign Nuclear Deal as Russia's Economic Woes Renew Security Fears
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 ...