Belts tightened, cafes closed: Russia begins to feel the true cost of war
At a time when the Russian economy is somewhere between stagnation and recession, ordinary citizens are beginning to…
VTB CEO says Russian firms are eyeing Global South for expansion
By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Dec 1 (Reuters) – Russian companies are eyeing expansion opportunities in…
Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession
The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession,…