Russia Economy
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Russia will see more ‘economic costs’ for war in Ukraine: G7 ministersThe G7 foreign ministers' joint statement urged the broader international community to reject what they described as Moscow's "brutal expansionism."WorldFeb 21, 2023
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Biden administration may block Russia from paying debts to U.S. bondholders: officialA temporary licence has allowed Moscow to keep paying investors and avert default on its government debt, and allowed U.S. investors to continue to collect coupon payments.WorldMay 17, 2022
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Russia’s economy has avoided collapse so far, but trouble is looming. Here’s whyWhile Vladimir Putin declares victory over the West's "economic blitzkrieg," experts say trouble is around the corner amid dwindling reserves and further sanctions.WorldApr 23, 2022
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U.K. revokes Moscow Stock Exchange’s recognized status over Ukraine war"Revoking Moscow Stock Exchange’s recognized status sends a clear message — there is no case for new investments in Russia," Britain's financial secretary said in a statement.WorldApr 19, 2022
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Cost of living in Russia rose more than 14% after invasion of UkraineSugar prices rose drastically in Russia after its invasion of Ukraine, and videos on social media show Russians scrambling to buy the staple item.WorldMar 24, 2022
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Will there be a ‘tipping point’ for Putin as businesses exit Russia? Experts doubt itThe exodus of Western brands and major industries over Moscow's invasion of Ukraine will hurt the average Russian more than sway Putin, experts warn.WorldMar 9, 2022
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Russia’s invasion of Ukraine sends economic ripple across the globeMoscow’s war on Ukraine and the ferocious financial backlash it’s unleashed are not only inflicting an economic catastrophe on President Vladimir Putin’s Russia.WorldMar 2, 2022
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Apple stops online sales in Russia due to unstable rubleApple has halted online sales of its iPhones, iPads and other products in Russia amid financial turmoil triggered by the steep decline in the country's currency.TechDec 17, 2014
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