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Russian Economy Facing a Tidal Wave of Bankruptcies
One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF).
Russian economy meltdown with 'moment of truth' and 'major bankruptcies' looming
Putin is increasingly having to dip into Russia 's National Wealth Fund, whose reserves have plummeted almost 74% from £94 billion to just £25 billion, since the beginning of the war. A further problem for the Kremlin is the rouble's plunge in value, which is adding to inflationary pressure.
Russia’s economic resilience crumbles under war pressures
Some analysts have likened Russia’s current economic situation to being “on steroids,” while others compare its rapid yet unsustainable growth to “running on cocaine.” According to CNN, Russia may soon experience the painful crash after the party.
4d
Putin lauds the strength of Russia’s war economy. Others see a mirage
Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this ...
3d
on MSN
The Russian war economy is facing a ‘moment of truth’ as Putin’s dwindling cash reserves raise odds of a financial crash, expert says
"As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war." ...
1d
Russia on brink of economic ruin as India and China stop buying Kremlin's oil
Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas ...
7d
Putin reportedly concerned over Russia's economy ahead of possible Trump tariffs
Russian President Vladimir Putin is reportedly worried about the state of the country's economy amid threat of tariffs from ...
7d
Exclusive: Putin growing concerned by Russia’s economy, as Trump pushes for Ukraine deal
Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle ...
3d
on MSN
Poland warns against restarting Russia gas supplies
Poland's president has said that gas flows from Russia to Western Europe should never be restored, even if Russia and Ukraine ...
1d
on MSN
Zelenskyy praises Trump for 'just and fair' rhetoric toward Russia: 'Exactly what Putin is afraid of'
Ukrainian President Volodomyr Zelenskyy tells 'Hannity' why he's in favor of President Donald Trump's rhetoric toward Russia.
7d
Five key challenges for the Russian economy in 2025
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Opinion
4d
on MSN
Opinion
To end the Russia-Ukraine war, Trump will need to get leverage
President Donald Trump has offered to mediate an end to the Russia-Ukraine war, but will need to build leverage with both ...
Cfr.org
1d
China-Russia Relations: January 2025
Russia and China are strengthening their cooperation on AI technology. Although China-Russia imports and exports have reached ...
6d
on MSN
Economists are questioning Russia's economic data, seeing a more troubled picture
Russia's latest economic data showed it had a strong 2024 and decade-high budget revenues in December. But economists say ...
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Ukraine
Vladimir Putin
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