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Russian Economy

Russia's ruble spikes as Putin and officials mull ways to prop up the currency after it dropped below a penny this week

Wed, 08/16/2023 - 15:12

Tech Insider : Economy

Putin/Gerasimov — Russian President Vladimir Putin (L) and Chief of the Russian General Staff Valery Gerasimov (R) attend an expanded meeting of the Russian Defence Ministry Board at the National Defence Control Centre in Moscow, on December 21, 2022.
MIKHAIL KIREYEV/Sputnik/AFP via Getty Images)

Markets, MI Exclusive, Ruble, Russia, Russian Economy, Ukraine War, Putin

Russia eyes more extreme measures to prop up the ruble after it crashes to less than a penny

Tue, 08/15/2023 - 15:27

Russia's ruble advanced against the dollar and broke with a global trend Friday. — Getty Images

Markets, MI Exclusive, Russian Ruble, Russian Economy, Ukraine War, russia central bank, Dollar

Russia says it will halt foreign currency purchases and launch a digital ruble to keep the currency from spiraling further

Thu, 08/10/2023 - 12:01

Putin — Russian President Vladimir Putin
Pavel Golovkin/AP Photo

Markets, Russian Economy, Russia, russia ukraine war, Ruble, Russian Ruble, Currency Wars

Russia's economic isolation from the West is deepening its China dependency – car imports from the Asian nation shot up 540%

Fri, 07/28/2023 - 05:15

Tech Insider : Economy

Putin/Xi — Russian President Vladimir Putin and China's President Xi Jinping make a toast during a reception following their talks at the Kremlin in Moscow on March 21, 2023.
PAVEL BYRKIN/SPUTNIK/AFP via Getty Images

economy, Russia, China, Trade, cars, Russian Economy, Vladimir Putin

Ukraine's NATO membership would be bad for Putin, but great for the Russian economy, professor says

Wed, 07/26/2023 - 11:13

Tech Insider : Economy

Russian President Vladimir Putin. — Russian President Vladimir Putin.
GAVRIIL GRIGOROV/SPUTNIK/AFP via Getty Images

economy, Markets, Russian Economy, Putin, Ukraine War, russia economy, Sanctions

Russian inflation is raging at 60%, not the reported 3.6%, thanks to the ruble's 'freefall', top economist Steve Hanke says

Mon, 07/24/2023 - 06:02

Russian President Vladimir Putin sitting in a chair in front of a Russian flag. — Russian President Vladimir Putin in Moscow, Russia on March 30, 2023.
Gavriil Grigorov/Sputnik, Kremlin Pool Photo via AP

Markets, MI Exclusive, Russia, Vladimir Putin, russia economy, Ruble, Inflation

Wheat prices head for biggest single-day gain since Russia invaded Ukraine after fresh attacks on key grain facilities

Wed, 07/19/2023 - 14:54

Ukraine navy Black Sea Sea Breeze — Ukrainian navy ships during exercise Sea Breeze 2020 in the Black Sea, July 21, 2020.
US Navy/Courtesy of Ukrainian Navy

Markets, MI Exclusive, Russia, Moscow, Putin, Russian Economy, wheat prices

Russia ramps up its economic war with the West as it seizes local operations of 2 corporate giants

Mon, 07/17/2023 - 15:35

Putin — Russian President Vladimir Putin delivers his annual address to the Federal Assembly of the Russian Federation, at Moscow's Manezh Central Exhibition Hall.
Mikhail Klimentyev/Getty Images

Markets, MI Exclusive, Russia, Russian Economy, Vladimir Putin, Economic War, russia economy

Russia's central bank has $8 billion frozen in Switzerland, which is still deciding what to do with the funds

Wed, 05/10/2023 - 11:28

Switzerland Swiss Flag — AP

Markets, MI Exclusive, Switzerland, Russia, Russian central bank, Central Bank, Russian Economy

Russia's economy will be frozen for a long time as it relies more on China and 'yuanization,' think tank says

Tue, 05/09/2023 - 11:36

Tech Insider : Economy

Vladimir Putin — Russian President Vladimir Putin gives a speech during the Victory Day military parade at Red Square in central Moscow on May 9, 2023.
GAVRIIL GRIGOROV/SPUTNIK/AFP via Getty Images

Markets, MI Exclusive, Russian Economy, Sanctions, Yuan, Oil and Gas, Ukraine War

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