Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of…
The heiress of $10 billion Perdue farms and the $12 billion Sheraton hotel empire wore hand-me-downs, still rides the subway, and flies economy
The thought of a billionaire’s lifestyle may conjure up images of Great Gatsby mansion-buying and jet-setting at the…
Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession
The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession,…
Russia’s economy is ‘on the brink of a recession’ and headed for a disastrous harvest
Russia could slip into a recession soon and is having its worst harvest in 17 years, further straining…