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The US crackdown on Russian trade is working as Putin struggles to fund his war

Mon, 05/06/2024 - 10:58

Tech Insider : Economy, Economy

Vladimir Putin. — Russian leader Vladimir Putin.
Sergei Guneyev/Pool/AFP via Getty Images

economy, Markets, russian-trade, russia-economy-outlook, russia-sanctions, russia-ukraine-war, us-sanctions

Russia adds fresh capital controls to prop up ruble, but Kremlin is 'applying a Band-Aid to gangrene'

Tue, 10/31/2023 - 14:46

Tech Insider : Economy

Russian President Vladimir Putin attending the final stage of the 3rd International Olympiad on Financial Security on October 4, 2023. — Russian President Vladimir Putin attending the final stage of the 3rd International Olympiad on Financial Security on October 4, 2023.
MIKHAIL METZEL/POOL/AFP via Getty Images

Markets, mi-exclusive, Kremlin, capital-controls, Ruble, Currency, Sanctions

Russia's economy is headed into the 'snare of perpetual war' as the Kremlin plans record-high military spending for 2024, think tank says

Wed, 10/18/2023 - 15:18

Tech Insider : Economy

Putin and generals — Russian President Vladimir Putin, Defense Minister Sergei Shoigu, and Commander-in-Chief of the Russian Navy Admiral Nikolai Yevmenov on July 30, 2023.
ALEXANDER KAZAKOV/POOL/AFP via Getty Images

economy, Markets, russia-economy, Russia, Putin, ukraine-war, russia-ukraine-war

Russia rolls out currency controls in a bid to revive the ruble, which has cratered against the dollar this year

Thu, 10/12/2023 - 07:07

Russia ruble ATM — Russia brought back some currency controls late Wednesday, in a bid to prop up the slumping ruble.
SOPA Images/Getty Images

Markets, mi-exclusive, Currencies, Russia, Ukraine, ukraine-war, Ruble

Russian ruble sinks to level that previously triggered emergency measures from Moscow

Tue, 10/03/2023 - 10:42

Tech Insider : Economy

russia ruble banknote — REUTERS/Ilya Naymushin
An employee counts Russian ruble banknotes at a private company's office in Krasnoyarsk, Siberia, December 17, 2014

Markets, mi-exclusive, Ruble, Russia, Moscow, ukraine-war, Trade

Russia's use of the Chinese yuan surges as the Kremlin looks to bypass sanctions

Wed, 09/27/2023 - 10:10

Tech Insider : Economy

One Chinese yuan bill lying on top of a US dollar bill. — One Chinese yuan bill lying on top of a US dollar bill.
Getty Images

Markets, mi-exclusive, Yuan, china-currency, Russia, Sanctions, ukraine-war

The CEO of Russia's biggest bank says the ruble is 'unjustifiably undervalued,' but Putin has downplayed the ruble's weakness — and it shows even Russia's elite don't see eye to eye about the economy

Thu, 09/14/2023 - 03:21

Tech Insider : Economy, Politics

Sberbank CEO Herman Gref (left) and Russian President Vladimir Putin (right) talking. — Sberbank CEO Herman Gref and Russian President Vladimir Putin.
Alexey Nikolsky/Sputnik/AFP)/Getty Images.

Markets, economy, politics, mi-exclusive, Markets, Russia, Ruble

Vladimir Putin says that inflation in Russia is making it 'practically impossible' for businesses to plan

Tue, 09/12/2023 - 14:02

Tech Insider : Economy

putin — REUTERS/Ueslei Marcelino

economy, Markets, Russia, Putin, russia-economy, russia-inflation, Ruble

Russia will increase foreign currency sales 830% as deadline for Eurobond repayment nears

Wed, 09/06/2023 - 15:50

Tech Insider : Economy

russia central bank — Central Bank of Russia
Hank5/Getty Images

Markets, mi-exclusive, Russia, central-bank, Bonds, eurobond, Ruble

The ruble is failing — and now more Russians are cutting back on buying basic goods like food and toothpaste as prices jump

Wed, 08/30/2023 - 13:20

Tech Insider : Economy

Russian President Vladimir Putin in Armenia in November 2022. — Russian President Vladimir Putin in Armenia in November 2022.
Contributor/Getty Images

economy, speed-desk, Russia, vladimir-putin, Ruble, Ukraine, War

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