Russian Economy

• Russia’s central bank hikes interest rate to 12% as ruble dips

  The Russian currency passed 101 rubles to the dollar on Monday, losing more than a third of its value since the beginning of the year.

  World

  Aug 15, 2023
  
• Russian ruble sinks to lowest level since the start of Ukraine war

  On Monday, the Russian currency passed 101 rubles to the dollar, continuing a more than 25% decline in its value since the beginning of the year.

  World

  Aug 14, 2023
  
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• Australia will ban Russian gold imports, give more armoured vehicles to Ukraine, PM says

  Prime Minister Anthony Albanese said Australia would give Ukraine 14 more armored personnel carriers and 20 Bushmaster vehicles amid Russia's war.

  Politics

  Jul 3, 2022
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• Russia’s economy has avoided collapse so far, but trouble is looming. Here’s why

  While Vladimir Putin declares victory over the West's "economic blitzkrieg," experts say trouble is around the corner amid dwindling reserves and further sanctions.

  World

  Apr 23, 2022
• West shifting from sanctions to Ukrainian military aid as war intensifies: experts

  Experts say the few hard-hitting sanctions remaining for NATO leaders to consider next week are not feasible, leaving military aid as a better strategy.

  World

  Mar 19, 2022
• Burger King says business partner ‘refused’ to end operations in Russia

  Burger King's attempts to pull out of Russia amid its conflict with Ukraine are being stymied by an uncooperative business partner running its operations there, its parent says.

  Economy

  Mar 18, 2022
• Will there be a ‘tipping point’ for Putin as businesses exit Russia? Experts doubt it

  The exodus of Western brands and major industries over Moscow's invasion of Ukraine will hurt the average Russian more than sway Putin, experts warn.

  World

  Mar 9, 2022
• Russia outlines options for foreign firms: stay, leave or hand over the keys

  Companies around the globe grappled with a dilemma over what to do with their Russian investments on Friday as Moscow laid out their options.

  World

  Mar 4, 2022
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• Russia’s central bank to intervene as ruble crashes to all-time low amid Ukraine attack

  Russia's currency, bonds and stocks all tanked, prompting the central bank to announce its first foreign exchange intervention designed to shore up financial stability since 2014.

  World

  Feb 24, 2022