Russia’s economy is much worse than it seems, and ‘elites are increasingly alarmed’ as GDP contracts
The Swedish government has come up with some drastically different economic figures on Russia that make the Kremlin’s…
Russian debt defaults are surging as Putin hides in bunkers fixated on war instead of the economy
The Russian economy is now shrinking, and businesses are having more trouble keeping up with debt payments, representing…
Russia economy minister says ‘reserves have largely been used up’ while lawmaker warns of revolution
The Kremlin offered more indications that it’s acknowledging Russia’s economy is in trouble after years of relying on…
Putin finally admits Russia’s economy is in trouble and grasps for answers
Russian President Vladimir Putin made his concerns about the economy public as he vented frustration at aides and…
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…