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Russia's economy will shrink a huge 10% this year, Goldman Sachs says — its worst contraction since the dark days of the 1990s

New Western sanctions on Russian trade will cause the country's exports to drop 10% and imports to …

Harry Robertson   


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1 min read

JPMorgan says Russia's economy is stronger than expected and will only suffer a shallow recession despite sanctions

"The data at hand do not point to an abrupt plunge in activity" in Russia, JPMorgan said, "at least…

Harry Robertson   


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Russia's economy is on track for its biggest contraction in 3 decades amid sanctions over the Ukraine war

Russia has only posted double-digit GDP declines twice in its modern history — in 1992 and 1994 res…

Huileng Tan   


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Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Russia's central bank hiked interest rates from 16% to 18% to cool its overheated wartime economy.

Huileng Tan   


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Russia's economy is shriveling up

"Faltering oil prices have increased the risks for the expected economic improvement in the second …

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Russia's economy faces 'near stagnation' with sanctions whittling down annual GDP growth, European economist says

Russia's economy could be losing as much as 3% of its GDP a year due to Western sanctions, a Europe…

Jennifer Sor   


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3 mins read

Putin's war in Ukraine is devastating Russia's economy, wiping out 15 years of growth and sending inflation skyrocketing

Russia's economy is on track to shrink 15% this year by some estimates, dredging up memories of the…

Harry Robertson   


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Zinya Salfiti   


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'Catastrophic' war will shrink Ukraine's economy by 45% and Russia's by 11% this year, World Bank predicts

"Ukraine needs massive financial support immediately as it struggles to keep its economy going," th…

Harry Robertson   


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Russia's economy can't avoid a crisis forever and it's becoming more vulnerable to shocks, think tank researcher says

A researcher at the think tank CEPA wrote that the war is sapping Russia's economy, leaving economi…

Jennifer Sor   


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Russia's economy faces a demographic disaster and risks seeing its population reduced by half by the end of this century, think tank says

"Putin's government has not evinced visible concern that Russia's population might be cut in half b…

Jennifer Sor   


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The odds of Russia's economy collapsing are 'extremely small' and the war can go on for the long term, economist says

Russia can fight the war in Ukraine indefinitely as its economy has adapted and is now stable, an e…

Jennifer Sor   


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The war in Ukraine has likely sent Russia's economy back to 2018 — but it's still a smaller contraction than experts expected

Russia's GDP likely fell 4.7% in the second quarter of 2022, per Bloomberg. It was the first full q…

Huileng Tan   


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Sanctions have not crushed Russia because it's not a state-run economy as the West's 'fairy tales' suggest, says a Russian economist

Russia's economy is humming along because most employment is concentrated in the private sector, wh…

Huileng Tan   


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3 mins read

Juliana Kaplan   


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Russia's economy faces 3 obstacles to further growth as capital, industry, and its population wither, researcher says

Other economists have sounded similar warnings for Russia's economy, though the nation itself has i…

Jennifer Sor   


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1 min read

Russia's Economy Is In Deep Trouble Next Year

The World Bank said its forecast is based on a scenario of crude prices averaging at $78 in 2015. B…

AFP   


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Russia will grow faster than the US and all other advanced economies this year, the IMF says

Russia's economy in 2024 is expected to grow by 3.2%, outpacing the US, Germany, the UK, and Japan,…

Yuheng Zhan   


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Russia says its economy is off to a — mostly — roaring 2024

Russia's economy is thriving amid Western sanctions and the ongoing war with Ukraine, according to …

Huileng Tan   


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Russia's economy is headed for stagnation as the path of monetary policy is being chosen 'very poorly,' economists say

Russian inflation could hit 5.6% this month, the nation's own economists forecasted.

Jennifer Sor