Russian central bank hikes rates to fight inflation fueled by military spending in growing economy
Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government ...
Putin is embarking on an aggressive hiring drive to rejuvenate Russia's army. But he can't sustain it, experts say.
The Russian army is set to increase by 180,000, which would make it the second-largest in the world. It's already straining ...
Russia's central bank and lenders tell each other to resolve the country's yuan supply squeeze
Russian banks are urging Russia's central bank to increase yuan liquidity through swaps. The central bank is advising lenders ...
Russia attacks Ukrainian energy and civilian infrastructure, officials say
Russia targeted Ukrainian energy facilities and struck civilian infrastructure in overnight attacks, Ukrainian officials said ...
U.S. deploys soldiers, rocket systems to Alaska island as Russian military activity ramps up in region
Eight Russian military planes and four navy vessels, including two submarines, have come close to Alaska in the past week.
Russia Economy Facing $6.5B Yearly Loss After Ukraine Blocks Gas Transit
Kyiv is unlikely to renew a gas transit deal with Russia when it expires this year, which could mean high costs for both ...
Business Insider13d
Russian banks say they've run out of yuan as Chinese firms pull away from the nation
Russia's banks have practically emptied their stash of yuan, largely because Chinese financial firms are spooked from doing business with the nation. Lenders have urged Russia's central bank to ...
Bank of Russia may hold key interest rate steady amid signs of economic slowdown
The Bank of Russia is expected to keep the key interest rate at 18% amid signs of economic slowdown. Analysts debate ...
CounterPunch8d
Bypassing Sanctions: Russia, Trade Routes and Outfoxing the West
Invention is the mother of necessity, and Russia’s response to largely Western-imposed economic and trade sanctions has shown ...
Australian Broadcasting Corporation4d
Why China's sinking economy could backfire on Vladimir Putin
Russia is smarting from the global sanctions imposed after its invasion of Ukraine in February 2022. Its economy is now on a war footing, labouring under the weight of interest rates at 18 per ...
In Belarus, the native language is vanishing as Russian takes prominence
Belarusians are experiencing a new wave of Russification as Moscow expands its economic, political and cultural dominance to ...