As of today, the Russian economy is beginning to shift from stagnation to decline — a state referred to as a "technical recession," states Ivan Us, chief consultant at the National Institute for ...
MOSCOW (Reuters) -The International Monetary Fund has downgraded Russia's gross domestic product (GDP) growth forecast for 2025 to 0.6% from 0.9%, below the official government forecast of 1%. The ...
Russia's war-driven boom is starting to look hollow from the factory floor and the front line. As troops and industrial workers complain of delayed or missing wages, the Kremlin's promise of stability ...
To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ...
SCOTT BESSENT, America’s treasury secretary, recently used a metaphor to describe the state of play in the Russo-Ukrainian war. “We are in a race,” he said. “How long can the Ukrainian military hold ...
TOPSHOT - Russian Sukhoi Su-35S fighter aircrafts, Su-34 military fighter jets and Su-30SM jet fighters fly over downtown Moscow during a military parade, which marks the 75th anniversary of the ...
The International Monetary Fund lowered its 2025 GDP growth forecast for Russia to 0.6%, while keeping the 2026 estimate unchanged at 1%, according to the Fund’s latest World Economic Outlook report ...
The statistics service also confirmed Russia’s GDP growth in the first half of the year at 1.2% MOSCOW, October 1. /TASS/. Russia’s gross domestic product (GDP) for the first half of 2025 totaled ...