Russia’s regional finances are deteriorating rapidly as the costs of the war in Ukraine continue to mount. New figures show local governments across the country facing record deficits amid weakening ...
Opinion
22don MSNOpinion
The Russian economy is eating its own muscle to survive as Putin’s war on Ukraine destroys future capacity, former central bank advisor says
“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.
Oligarch O Oleg Deripaska has demanded weakening of the Russian ruble and a sharp cut in the key rate to prepare the economy for a possible global crisis due to the conflict in the Middle East, writes ...
The Kyiv Independent on MSN
'Russian barrels are in demand' — Oil price spike boosts Russia's economy
The Iran war could be a boon for Russia, experts say, as turmoil in global energy markets changes the calculus for the ...
The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity. Export revenues are falling, and economic ...
To pressure the Kremlin to halt fighting in Ukraine, the Trump administration imposed sanctions on Russia’s two largest oil companies, Rosneft and Lukoil, from 21 November. That means anyone buying or ...
The Kremlin’s financial situation is becoming increasingly dire and could come to a head in a matter of months as oil revenue shrinks while President Vladimir Putin shows no intention of ending his ...
As the West Asia conflict disrupts critical energy corridors, India has successfully secured over 30 million barrels of ...
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