Russian Economy
latest news & developments
Study shows sanctions are crippling Russia’s economy
Researchers at Yale University say the Russian economy is suffering massive damage due to Western sanctions but Moscow is downplaying the effects
Russia’s falling stock market faces new sanctions
A day after a US ratings agency downgraded ?Russia to "junk" status, the country’s index fell by 3%. Russia could also face new sanctions.
Russians go shopping in the race against rouble’s fall
Russians are frustrated with the continued fall of their currency. For some, investing in valuables is the solution.
Putin gives central bank of Russia free reign
Russian President Vladimir Putin backs the central bank’s move to hike interest rates amidst warnings that it will send the country into a recession.
Stakes high as US plays oil card
A ploy to soften up Russia and Iran might inflict collateral damage on its own shale industry.
Rouble at 11-year low
The Russian rouble plunged to its lowest level against the American dollar in 11 years this week as oil prices plummet and economic activity slows.