The Russian economy is much worse than it appears as Moscow's data is a 'collection of lies and distortions,' economist says

Tech Insider
Russian President Vladimir Putin
Russian President Vladimir Putin.

Mikhail Klimentyev/Getty Images

Russia's economy is becoming more 'primitive' and war could push it to the same fate as the Soviet Union, says economist targeted by Moscow

Tech Insider
Putin rides a train
Russian President Vladimir Putin rides a suburban train in Moscow, Russia, in November 2019.

Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP)

Russia posted a $29 billion deficit in the first quarter as energy revenue plummets — and it could spell trouble for the country's military bills

Tech Insider : Economy, Politics
Vladimir Putin in Astana Kazakhstan
Russia's energy revenues may not be able to foot its military bills for long— the country just posted a $29 billion deficit in the first quarter.

Contributor/Getty Images

Putin may be preparing to bring Russia's prized bomber jets to the war on Ukraine after leaked military intelligence found Ukrainian air power will 'be completely reduced' by June, report says

Tech Insider
Russian Sukhoi Su-57 fifth-generation
A Russian Sukhoi Su-57 fifth-generation jet fighter performs during an air show outside Moscow, Russia, on July 20, 2021. -

Dimitar Dilkoff/POOL/AFP via Getty Images

Ukraine is forced to recycle unexploded bombs amid serious ammunition shortages

Tech Insider
Ukrainian servicemen fire at Russian positions with a 105mm howitzer in the region of Donbas, on March 13, 2023.
Ukrainian servicemen fire at Russian positions with a 105mm howitzer in the region of Donbas, on March 13, 2023.

ARIS MESSINIS/AFP via Getty Images

Ukraine is training 40,000 'storm brigade' troops to strengthen the planned counter-offensive against Russia

Tech Insider
Recruits of the Steel Border storm brigade practice at the unit's base in central Ukraine March 24, 2023.
Recruits of the Steel Border storm brigade practice at the unit's base in central Ukraine March 24, 2023.

REUTERS/Alina Yarysh

Russia is facing stagnating innovation, more dependence on China, and will become a state-led economy as war in Ukraine drags on, economists say

Tech Insider
Russia currency sanctions economy
Russia's economy has been hit hard by sanctions, which are complicating the government's efforts to pay its debts.

ALEXANDER NEMENOV/Getty Images

These are the 8 best quotes from JPMorgan chief Jamie Dimon's latest shareholder letter

Tech Insider
Jamie Dimon

AP Photo

A $200 Russian smartphone aiming to replace the iPhone isn't getting much love — fewer than 1,000 units have been sold since its debut

Tech Insider : Politics
A woman takes pictures with a smartphone standing on the pedestrian Patriarchal Bridge over the Moskva river, with the Kremlin seen in the background, in central Moscow on March 21, 2023, ahead of a meeting of Russian President and his Chinese counterpart.
A $200 Russian smartphone aiming to replace the iPhone isn't getting much love — fewer than 1,000 units have been sold since its debut.

Natalia Kolesnikova/AFP/Getty Images

Former Russian commander in Ukraine says Moscow was unprepared for a protracted war and is now 'heading for military defeat'

Tech Insider
Igor Girkin
Igor Girkin, also known as Igor Strelkov, speaks at a news conference in Moscow, Russia, on November 13, 2018.

Pavel Golovkin/AP

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