Russia Economy
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Oil Revenue vs Ukraine War Bills: Is Russia Hiding Economic Stress?
The non-oil deficit remains deeply negative. This means Russia still relies heavily on energy exports to balance books.
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Putin Seeks Corrective Steps As Russia's GDP Shrinks 1.8% Amid Ukraine War
Putin revealed that Russia’s GDP contracted by a combined 1.8 percent in January and February, with manufacturing, industrial production and construction showing negative growth.
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War Shows Russia "Not A Peer Military To US" Or Even Smaller NATO Forces
Six months into President Vladimir Putin's invasion of Ukraine, the war has upended fundamental assumptions about Russia's military and economy.
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The Cost Of War: How Russia's Economy Will Struggle To Pay The Price Of Invading Ukraine
The invasion of Ukraine has placed Russia on the verge of bankruptcy. Interest rates have doubled, the stock market has closed, and the rouble has fallen to its lowest level ever.
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Russian Firms Tone Down Holiday Cheer As Crisis Bites
Forget corporate holiday bashes where glitterati are treated to fine champagne and French delicacies: Russia's economic crisis has taken the glow off the holiday season this year.
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Putin's Pipe Dreams in Perspective
While Putin's eyes are on Syria, inflation is rising in Russia, the economy is shrinking, poverty is increasing and the ruble is taking a fall. Western sanctions are squeezing the Kremlin, and Russia's mother's milk - oil revenue - is taking a hit because of weak prices.
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Russia Vows to Respond to 'Illogical' European Union Sanctions
Moscow said today it would respond to the latest EU sanctions over the Ukraine conflict which target several prominent figures including a popular singer, condemning them as "inconsistent and illogical".
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In Russia, Battle for University Places Deflates Crimea Euphoria
With the economy heading for recession and education targeted by budget cuts, the stream of students from Crimea is adding to simmering anger over how much Russians are having to pay for annexing the peninsula from Ukraine.
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Sanctions Against Russia Could Last Despite Pressure
European Union sanctions against Russia over the crisis in Ukraine are cutting both ways: hurting Russia as well as pinching some big European companies.
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Russia Faces Recession Risk: Dmitry Medvedev
Russian Prime Minister Dmitry Medvedev warned today that the country faces a risk of a "deep recession" if the government ditches its spending plans.
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Crisis-Hit Russia's Top Allies Build Ties with Ukraine
Kazakh President Nursultan Nazarbayev followed his Belarussian counterpart to Ukraine today as Moscow's old allies built bridges to Europe while Russia's financial crisis and diplomatic isolation grew.
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Russia Won't Be Intimidated Over Crimea: Russian President Vladimir Putin
Russia will not be intimidated over its actions in Ukraine and Crimea, President Vladimir Putin said today as his Foreign Ministry warned that it was preparing to retaliate against fresh Western sanctions.
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Russia Dismisses New US Sanctions As Useless
Russia, today, dismissed new US sanctions as useless and said it was poised to wait as long as it takes for the US to recognize its historic right to the Crimean peninsula.
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Russian Foreign Minister Sergei Lavrov Blasts 'Hostile' US Congress Sanctions
Russian Foreign Minister Sergei Lavrov on Monday branded new sanctions approved by the US Congress against Russia as hostile.
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Oil Revenue vs Ukraine War Bills: Is Russia Hiding Economic Stress?
The non-oil deficit remains deeply negative. This means Russia still relies heavily on energy exports to balance books.
-
Putin Seeks Corrective Steps As Russia's GDP Shrinks 1.8% Amid Ukraine War
Putin revealed that Russia’s GDP contracted by a combined 1.8 percent in January and February, with manufacturing, industrial production and construction showing negative growth.
-
War Shows Russia "Not A Peer Military To US" Or Even Smaller NATO Forces
Six months into President Vladimir Putin's invasion of Ukraine, the war has upended fundamental assumptions about Russia's military and economy.
-
The Cost Of War: How Russia's Economy Will Struggle To Pay The Price Of Invading Ukraine
The invasion of Ukraine has placed Russia on the verge of bankruptcy. Interest rates have doubled, the stock market has closed, and the rouble has fallen to its lowest level ever.
-
Russian Firms Tone Down Holiday Cheer As Crisis Bites
Forget corporate holiday bashes where glitterati are treated to fine champagne and French delicacies: Russia's economic crisis has taken the glow off the holiday season this year.
-
Putin's Pipe Dreams in Perspective
While Putin's eyes are on Syria, inflation is rising in Russia, the economy is shrinking, poverty is increasing and the ruble is taking a fall. Western sanctions are squeezing the Kremlin, and Russia's mother's milk - oil revenue - is taking a hit because of weak prices.
-
Russia Vows to Respond to 'Illogical' European Union Sanctions
Moscow said today it would respond to the latest EU sanctions over the Ukraine conflict which target several prominent figures including a popular singer, condemning them as "inconsistent and illogical".
-
In Russia, Battle for University Places Deflates Crimea Euphoria
With the economy heading for recession and education targeted by budget cuts, the stream of students from Crimea is adding to simmering anger over how much Russians are having to pay for annexing the peninsula from Ukraine.
-
Sanctions Against Russia Could Last Despite Pressure
European Union sanctions against Russia over the crisis in Ukraine are cutting both ways: hurting Russia as well as pinching some big European companies.
-
Russia Faces Recession Risk: Dmitry Medvedev
Russian Prime Minister Dmitry Medvedev warned today that the country faces a risk of a "deep recession" if the government ditches its spending plans.
-
Crisis-Hit Russia's Top Allies Build Ties with Ukraine
Kazakh President Nursultan Nazarbayev followed his Belarussian counterpart to Ukraine today as Moscow's old allies built bridges to Europe while Russia's financial crisis and diplomatic isolation grew.
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Russia Won't Be Intimidated Over Crimea: Russian President Vladimir Putin
Russia will not be intimidated over its actions in Ukraine and Crimea, President Vladimir Putin said today as his Foreign Ministry warned that it was preparing to retaliate against fresh Western sanctions.
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Russia Dismisses New US Sanctions As Useless
Russia, today, dismissed new US sanctions as useless and said it was poised to wait as long as it takes for the US to recognize its historic right to the Crimean peninsula.
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Russian Foreign Minister Sergei Lavrov Blasts 'Hostile' US Congress Sanctions
Russian Foreign Minister Sergei Lavrov on Monday branded new sanctions approved by the US Congress against Russia as hostile.
