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Russia, under war spending pressure, set for more austerity, tax hikes

Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy ...

Kremlin refuses commitment to Trump’s proposed Russia-Ukraine summit

Time is ticking on President Donald Trump's two-week timeline for a face-to-face meeting between Russian President Vladimir ...

EU's 19th sanctions package against Russia expected to be ready in September, Kallas says

The European Union's 19th package of sanctions against Russia is expected to be ready in September, top EU diplomat Kaja ...
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Kazakh GDP per capita projected to outpace Russia’s once dominant economy amid wartime woes

Kazakhstan is now richer than Russia. That is according to the latest data from the International Monetary Fund showing Kazakh GDP per capita is projected to hit an all-time high of $14,770 this year, ...

IMF sees Russia's wartime economy slowing after two strong years

The IMF now expects Russia's economy to grow 0.9% in 2025, down from the 1.5% it had projected in April.

What is Russia-led Eurasian Economic Union with which India is talking trade?

India has signed a terms of reference (TOR) to open trade talks with the Eurasian Economic Union (EAEU). The development comes in the backdrop of a bilateral deal between India and the United States ...

Trump could trigger a financial crisis in Russia — if he wants to — but has backed off from his threat of ‘very severe consequences’

In particular, cutting off the “shadow fleet” of tankers that deliver Russia’s oil under the radar would send the war economy ...
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Russia's economy is now so militarized, it may keep expanding ... - Yahoo

Russia's war machine has become such an integral part of its economic engine that its military industry is likely to keep expanding even after the fighting in Ukraine ends, according to a report ...

War Keeps Russia’s Economy Alive, but for How Much Longer?

As President Trump turns up the economic pressure to push Moscow to reach a cease-fire, WSJ explains how Russia’s economy has ...

We had one chance to sink the Russian economy and we blew it – Putin knew we would

We had one chance to sink the Russian economy and we blew it – Putin knew we would - COMMENT: Despite Europe’s pledge to stand side by side with Ukraine, many of Zelensky’s allies couldn’t stomach the ...