News

IMF sees Russia's wartime economy slowing after two strong years

The IMF now expects Russia's economy to grow 0.9% in 2025, down from the 1.5% it had projected in April.

Russia, under war spending pressure, set for more austerity, tax hikes

Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy ...

EU's 19th sanctions package against Russia expected to be ready in September, Kallas says

The European Union's 19th package of sanctions against Russia is expected to be ready in September, top EU diplomat Kaja ...
Meduza2h

As the Kremlin stalls on peace talks, Russia’s economy shows mounting strain

The wartime mobilization of Russia’s economy has drained its reserves, though the country has so far avoided slipping into ...

Russia economic meltdown as coal industry suffers £3.2bn loss and car production tanks 28%

The sector is reeling from a drop in both production and revenue, as well as rising debt - with even the largest companies ...

What is Russia-led Eurasian Economic Union with which India is talking trade?

India has signed a terms of reference (TOR) to open trade talks with the Eurasian Economic Union (EAEU). The development comes in the backdrop of a bilateral deal between India and the United States ...
Eurasianet on MSN1d

Kazakh GDP per capita projected to outpace Russia’s once dominant economy amid wartime woes

Kazakhstan is now richer than Russia. That is according to the latest data from the International Monetary Fund showing Kazakh GDP per capita is projected to hit an all-time high of $14,770 this year, ...

War Keeps Russia’s Economy Alive, but for How Much Longer?

As President Trump turns up the economic pressure to push Moscow to reach a cease-fire, WSJ explains how Russia’s economy has ...
National Security Journal on MSN6h

Russia Is Facing an Inflation Crisis

Russia is grappling with severe inflation, forcing its central bank to maintain a punishing 18% key interest rate to cool ...