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Russia Faces Surge in Corporate Bankruptcy, Experts Warn

The Central Bank's key rate of 21% is driving up business debt burdens.

opinion Nick Trickett

What Is the Future of Ukraine’s Mineral Reserves?

Ukraine is thought to have 5% of the world's critical mineral resources. They could play a role in defining the country's future.

'Out of Control': Russia's CPI Inflation Up Again to 9.5% in December

The Central Bank continues to lose the fight to reign in rising prices.

Russia's Hidden War Debt Creates a Looming Credit Crisis

The Kremlin's mechanism to unofficially fund its war machine is becoming a problem.

opinion Alexandra Prokopenko

Russia’s Economic Gamble: The Hidden Costs of War-Driven Growth

The storm of government spending cannot address the chronic problems sending Russia's economy irreversibly toward economic stagnation.

The Russian Economy in 2025: 5 Key Things to Watch For

The Kremlin has used its deep financial reserves to prop up the economy — but Russia appears to be finally feeling the weight of wartime pressures.

Putin Says Inflation ‘Worrying’ But Russian Economy Remains ‘Stable’

“With the economy as a whole, the situation in Russia is stable, despite external threats,” he said at his annual press conference.

opinion Jason Corcoran

Russia’s New Year Holiday Turns Into a Countdown to Economic Crisis

Russians are scrambling to secure ingredients for classic holiday dishes as basic foodstuffs undergo double-digit price increases.

Russian Inflation Ticks Up Amid Ruble Woes

Prices rose 8.9% on an annual basis last month, up from 8.5% in October and more than double the state's 4% target.

Russian Economy Shows Signs of Slowdown, Top Banker Warns

Sberbank CEO German Gref cautioned the Central Bank against "overshooting" its rates policy, making it "harder to return to the rails of economic growth...

Russians’ Cash Savings Reach All-Time Low – VTB

Gorshkov also said that high interest rates would result in Russians transferring around 350 billion rubles of their cash savings into banks this year...

Russia’s Central Bank Governor Says Likely Rate Hike ’Not Predetermined’

The statement comes amid rumors that the bank could raise the key rate to 22-23% at its Dec. 20 meeting.

opinion Madi Kapparov

Kazakhstan Must Break Free From its Economic Alliance With Russia

The Eurasian Economic Union means Kazakhstan suffers from the sanctions on Russia and even inadvertently funds the war. It's time to leave.

Russia’s Sberbank Expects 22-23% Key Rate Hike

Central Bank Governor Elvira Nabiullina has warned of “more drastic changes” in monetary policy amid stubborn inflation.

How Far Can Russia’s Ruble Fall Amid Its Latest Tumble?

Moscow will likely be able to halt the freefall triggered by mounting sanctions pressure, but its value will continue to gradually decline in 2025.

Putin's Warrior Middle Class: How Sustainable Is Russia's Cash-for-Recruitment Tactic?

Russia's war economy has created opportunities for volunteer soldiers to prosper. Whether they can form a new "middle class" remains to be seen.

Russian Central Bank Halts Currency Buying Until 2025 as Ruble Slides

The suspension comes as the ruble traded as low as 113 to the dollar for the first time since March 2022.

Nabiullina vs. Stagflation: Can Putin's Top Technocrat Save the Russian Economy Once Again?

The Central Bank head, seen as Putin's most capable technocrat, is facing scrutiny from businesses and Kremlin allies amid stubborn inflation.

opinion Jason Corcoran

Russia’s Economy Is Spoiling as Putin Struggles to Balance Guns and Butter

With skyrocketing prices for basic goods and record high inflation, Russia is feeling the strain of its over-cooked war economy.

Russia Faces a Wave of Bankruptcies as Borrowing Costs Skyrocket

Corporate bankruptcies in Russia have jumped by 20% this year as soaring interest rates and liquidity shortages push firms closer to financial ruin.

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