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Tag: russian economy

Home›Posts Tagged "russian economy"
  • Russian currency
    By Lawrence C. Saleh
    March 18, 2022
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    Russia mulls Cold War-era monetary pact amid sanctions

    The Indian and Russian governments are in talks to reinstate a rupee-ruble register for the first time since the Cold War. The agreement would allow companies ...
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  • Russian economy
    By Lawrence C. Saleh
    March 17, 2022
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    How Sanction-Proof Is Russia’s Economy?

    Russia–Ukraine War Russia–Ukraine War By Christopher Miller·March 17, 2022 Fletcher School, Tufts University The problem: The United States and the European Union responded to Russia’s invasion ...
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  • Russian economy
    By Lawrence C. Saleh
    March 16, 2022
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    Russian economy plummets as brands pull out of business

    As Russia’s invasion of Ukraine intensifies, the Russian economy takes a hit. Updated: March 16, 2022 1:57 PM 18 Russian economy | AP Photo A man ...
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  • Russian currency
    By Lawrence C. Saleh
    March 14, 2022
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    Kazakhstan restricts hard currency and gold outflows despite Russian sanctions

    As the Russian military continues its deadly strikes against Ukraine, a fourth round of talks between the two sides on ending the unprovoked invasion of Moscow ...
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  • Russian currency
    By Lawrence C. Saleh
    March 14, 2022
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    Russia can’t use nearly half of its R9.6 trillion war chest due to Western sanctions

    The ruble plunged after the West imposed sweeping sanctions on Russia. Sergei KarpukhinTASS via Getty Images. Russia’s finance minister has admitted that almost half of the ...
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  • Russian economy
    By Lawrence C. Saleh
    March 11, 2022
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    Putin News: Russian Economy on the Brink as President ‘Can’t Deliver on Promises’ | World | News

    Russia. Expert says Putin’s plan is ‘rather awful’ The West continued to impose sanctions on Russia in response to Putin’s ruthless invasion of Ukraine. Britain’s most ...
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  • Russian hotel
    By Lawrence C. Saleh
    March 10, 2022
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    Russia sanctions extend further to banking and hospitality sectors as US warns more to come

    Sanctions against Russia extended further to banking and hospitality on Thursday as US Treasury Secretary Janet Yellen warned of new financial sanctions against Moscow for its ...
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  • Russian economy
    By Lawrence C. Saleh
    March 10, 2022
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    Russian economy not in danger of collapsing despite sanctions

    March 10, 2022 9:28 a.m. Associated press Job : March 10, 2022 9:28 a.m. Update: March 10, 2022 12:05 Victor Berzkin, Associated Press People line up ...
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  • Russian economy
    By Lawrence C. Saleh
    March 10, 2022
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    Russian economy not in danger of collapsing despite sanctions

    March 10, 2022 11:28 Associated press Job : March 10, 2022 11:28 Update: March 10, 2022 2:05 p.m. Victor Berzkin, Associated Press People line up to ...
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  • Russian economy
    By Lawrence C. Saleh
    March 6, 2022
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    Russian economy will contract by 917 billion dirhams in 2022 – News

    Economists noted that the crisis will also push the Russian economy into recession A man walks past a store advertising the shipment of goods to Russia ...
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  • Russian economy
    By Lawrence C. Saleh
    March 4, 2022
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    Russian economy will be decimated by Western sanctions, predicts JP Morgan

    Russia is facing a crushing economic recession on the scale of its 1998 financial crisis, top analysts have predicted, with economies wiped out and a devastated ...
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  • Russian currency
    By Lawrence C. Saleh
    March 3, 2022
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    UAH/RUB: Ukrainian hryvnia records 3 consecutive days of gains

    Ukrainian hryvnia outperforms Russian ruble The ruble plunges in the tightening of sanctions Russian banks banned from SWIFT Russia’s economic data under the eyes On the ...
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  • Russian currency
    By Lawrence C. Saleh
    March 2, 2022
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    Russian currency ruble slides below 100 against dollar amid sanctions

    As NATO countries increasingly impose sanctions on Russia for its continued invasion of Ukraine, the Russian economy is beginning to feel the blow. The Russian currency, ...
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  • Russian currency
    By Lawrence C. Saleh
    February 28, 2022
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    Russian currency plummets as sanctions are imposed

    Western sanctions left the rouble, Russia’s currency, tumbling to a record low. The news: The ruble fell around 30% against the US dollar after the United ...
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  • Russian currency
    By Lawrence C. Saleh
    February 26, 2022
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    Monetary outlook next week: Rupee could remain under pressure

    Business oi-Sunil Fernandes | Posted: Saturday February 26th 2022, 9:17 AM [IST] Global markets fell this week when Russian President Vladimir Putin ordered an invasion of ...
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  • Russian economy
    By Lawrence C. Saleh
    February 25, 2022
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    How Western sanctions could weigh on the Russian economy – POLITICO

    The Russian economy is expected to feel the scorch from Western sanctions, which will prevent Russia’s biggest banks and companies from accessing the US dollar and ...
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  • Russian economy
    By Lawrence C. Saleh
    February 24, 2022
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    Boris Johnson promises massive sanctions to ‘hinder’ the Russian economy | Ukraine

    Boris Johnson said “a vast invasion is underway, by land, sea and air” in Ukraine, as he promised to impose “massive” sanctions that would “hamper” the ...
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  • Russian economy
    By Lawrence C. Saleh
    February 22, 2022
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    US sanctions could send ‘Russian economy into freefall’, CNAS member says

    Edward Fishman, associate fellow at the Center for a New American Security, joins Yahoo Finance Live to discuss the power US sanctions would have on the ...
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  • Russian economy
    By Lawrence C. Saleh
    February 14, 2022
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    Ukraine: the G7 ready to impose “massive” sanctions on the Russian economy

    Putin Finance ministers from the Group of Seven (G7) countries said on Monday they were prepared to impose “massive” economic sanctions ...
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  • Russian economy
    By Lawrence C. Saleh
    February 14, 2022
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    G7 ready to impose ‘massive’ sanctions on Russian economy: official

    Finance ministers from the Group of Seven (G7) countries said on Monday they were prepared to impose “massive” economic sanctions on Russia if it attacked Ukraine. ...
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  • Russian economy
    By Lawrence C. Saleh
    January 26, 2022
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    Russian economy faces problems due to situation around Ukraine, says State Department – Russia

    WASHINGTON, January 26. /TASS/. Russia is already facing economic difficulties due to the situation around Ukraine, US State Department spokesman Ned Price said in a press ...
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  • Russian economy
    By Lawrence C. Saleh
    January 14, 2022
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    No Western sanctions can heavily affect the Russian economy

    MOSCOW, January 14. /TASS/. The Russian economy is resistant to any external impact and sanctions cannot seriously affect it, Chairman of the State Duma’s International Affairs ...
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  • Russian economy
    By Lawrence C. Saleh
    January 13, 2022
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    Four reasons why the Russian economy is on the verge of panic

    For four reasons, the Russian economy is on the verge of panic, which threatens stock prices, ruble exchange rates and indeed all economic activity, because it ...
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  • Russian economy
    By Lawrence C. Saleh
    December 30, 2021
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    2021 review of the Russian economy and stock markets

    by Timur Aliyev For the Russian market, the end of 2021 saw the outflow of monetary assets from foreign investors and an accelerated fall in key ...
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  • Russian economy
    By Lawrence C. Saleh
    December 29, 2021
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    Russian economy in 2022: a weak base effect can no longer support GDP growth

    Russia’s GDP growth by the end of 2022 will slow to around 2.5% and fall short of official forecasts, while annual inflation will still exceed the ...
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  • Russian economy
    By Lawrence C. Saleh
    December 28, 2021
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    Russian economy in 2022: weak base effect can no longer support GDP growth

    MOSCOW, December 28. / TASS /. Russia’s GDP growth by the end of 2022 will slow to around 2.5% and fall short of official forecasts, while ...
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  • Russian economy
    By Lawrence C. Saleh
    December 23, 2021
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    SURVEY – Russian economy will slow in 2022, ruble will limit losses

    Band Andrey Ostroukh MOSCOW, December 23 (Reuters) – Russia’s commodity-dependent economy will slow in 2022 as the central bank will have to keep rates high for ...
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  • Russian economy
    By Lawrence C. Saleh
    December 23, 2021
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    Russian economy will slow down in 2022, ruble will limit losses

    MOSCOW, Dec. 23 (Reuters) – Russia’s commodity-dependent economy will slow in 2022 as the central bank will have to keep rates high for several months before ...
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  • Russian currency
    By Lawrence C. Saleh
    December 12, 2021
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    Russia and India use national currency in arms transactions to replace the US dollar

    Russia and India use national currencies for bilateral arms deals instead of the US dollar, said Alexander Mikheev, who heads Russian state arms exporter Rosoboronexport. “Rosoboronexport ...
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  • Russian currency
    By Lawrence C. Saleh
    December 9, 2021
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    Russia and India use national currency in arms transactions to replace the US dollar

    Russia and India use national currencies for bilateral arms deals instead of the US dollar, said Alexander Mikheev, who heads Russian state arms exporter Rosoboronexport. “Rosoboronexport ...
    Read More
  • Russian economy
    By Lawrence C. Saleh
    December 9, 2021
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    Putin notes RDIF’s role in attracting foreign capital to Russian economy – Reuters

    MOSCOW, December 9. /TASS/. The Russian Direct Investment Fund (RDIF) has been instrumental in attracting foreign capital to the Russian economy, as well as in the ...
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  • Russian economy
    By Lawrence C. Saleh
    December 8, 2021
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    The United States is on the verge of crushing and destroying the Russian economy, and uses Ukraine as a good reason

    The United States admits that Russia can be completely isolated from the international financial system in the event of a military invasion of Ukraine, said U.S. ...
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  • Russian economy
    By Lawrence C. Saleh
    December 7, 2021
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    Joe Biden Video Call from Vladimir Putin Updates on Russia’s Invasion of Ukraine

    Image source: AP Joe Biden will warn Putin of ‘serious damage to the Russian economy’ if he invades Ukraine Strong points US President Joe Biden and ...
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  • Russian currency
    By Lawrence C. Saleh
    December 2, 2021
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    Belarusian and Russian MPs “did not discuss” single parliament and single currency

    MINSK, December 2 (BelTA) – The Parliamentary Assembly of the Federated State of Belarus and Russia has not discussed the issue of the single parliament and ...
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  • Russian economy
    By Lawrence C. Saleh
    November 12, 2021
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    Russian economy to grow by 4.7% in 2021 – Putin

    Adds quote, detail MOSCOW, November 12 (Reuters) – Russian economy was on track to post its strongest growth in 13 years and expand through 40.7% in ...
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  • Russian economy
    By Lawrence C. Saleh
    November 4, 2021
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    EBRD sees Russian economy grow 3% in 2022, sanctions risk notes | Invest News

    MOSCOW (Reuters) – Russia’s economy will grow 3.0% in 2022 after growing 4.3% this year, the European Bank for Reconstruction and Development said on Thursday, highlighting ...
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  • Russian economy
    By Lawrence C. Saleh
    October 27, 2021
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    The specter of stagflation looms over the Russian economy – the Bell – en

    Political economics – October 27, 2021 A new wave of COVID-19 has started to rage across Russia and last week authorities in Moscow decided to impose ...
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  • Russian economy
    By Lawrence C. Saleh
    October 19, 2021
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    Russian economy could lose $ 844.75 million due to restrictive measures – First Deputy Prime Minister – World

    MOSCOW, October 20. / TASS /. Russian economy losses due to the introduction of restrictive measures for two weeks could reach 60 billion rubles ($ 844.75 ...
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  • Russian economy
    By Lawrence C. Saleh
    October 1, 2021
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    US companies invested more than $ 2 billion in the Russian economy in 2020

    In 2021, the American Chamber of Commerce and Ernst & Young conducted their sixth investigation devoted to the prospects of direct investment and bilateral trade between ...
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  • Russian economy
    By Lawrence C. Saleh
    September 21, 2021
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    The Russian economy has recovered despite an unstable global situation – Putin – Business & Economy

    MOSCOW, September 21. / TASS /. The Russian economy has recovered, although the situation in world markets remains difficult and volatile, Russian President Vladimir Putin said ...
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  • Russian economy
    By Lawrence C. Saleh
    September 12, 2021
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    Russian economy beats previous estimates to achieve 10.5% growth in second quarter 2021 – Rosstat – RT Business News

    Russia’s statistical agency Rosstat has improved its estimate of the country’s GDP growth in the second quarter of 2021 to 10.5% in annual terms. “Russia’s GDP ...
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  • Russian economy
    By Lawrence C. Saleh
    September 10, 2021
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    Russian economy grows 10.5% year-on-year in second quarter, strongest jump since 2000

    MOSCOW, September 10 (Reuters) – The Russian economy grew 10.5% year-on-year in the second quarter of 2021, Rosstat data showed on Friday, registering its strongest jump ...
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  • Russian economy
    By Lawrence C. Saleh
    September 8, 2021
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    Russian economy still has potential for recovery, says Minister of Economy – Business & Economy

    MOSCOW, September 8. / TASS /. The Russian economy has “recovered” after the novel coronavirus pandemic, but its potential for recovery has not yet been exhausted, ...
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  • Russian economy
    By Lawrence C. Saleh
    July 28, 2021
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    Russian economy is 0.1% above pre-covid level in June 2021 – Minister – Business and Economics

    KAZAN, July 28. / TASS /. The Russian economy was 0.1% above the pre-covid level of the fourth quarter of 2019 in June 2021, Economic Development ...
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  • Russian economy
    By Lawrence C. Saleh
    July 28, 2021
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    IMF: Russian economy is recovering faster than expected

    The Russian economy is recovering from the aftermath of the COVID-19 pandemic at a faster rate than expected, IMF chief economist Gita Gopinath said in a ...
    Read More
  • Russian economy
    By Lawrence C. Saleh
    July 27, 2021
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    Russian economy is recovering faster than expected — IMF – Business and Economy

    WASHINGTON, July 27. /TASS/. The Russian economy is recovering from the consequences of the COVID-19 pandemic at a faster pace than expected, IMF Chief Economist Gita ...
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  • Russian economy
    By Lawrence C. Saleh
    July 8, 2021
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    Russian Economy Ministry increases 2021 GDP and inflation forecast

    MOSCOW, July 9 (Reuters) – The Russian Economy Ministry has raised its outlook for economic growth and oil prices in 2021 and is now considering a ...
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  • Russian economy
    By Lawrence C. Saleh
    June 7, 2021
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    Russian economy expected to reach pre-pandemic level within two months – RealnoeVremya.com

    Photo: Moscow-Live The contraction of the Russian economy in 2020 was the strongest in eleven years, but the pace of the recovery is also exceeding expectations. ...
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  • Russian economy
    By Lawrence C. Saleh
    June 4, 2021
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    Qatar is sure of the strong potential of the Russian economy, according to the emir – Business & Economy

    ST. PETERSBURG, June 4. / TASS /. The Qatari side is convinced of the high potential of the Russian economy, Qatari Emir Sheikh Tamim bin Hamad ...
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  • Russian economy
    By Lawrence C. Saleh
    May 13, 2021
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    UPDATE 1-Russian Economy Ministry expresses concern over high food exports

    (Add quotes, details) MOSCOW, May 13 (Reuters) – The Russian Economy Ministry is exploring possible measures to address the problem of high food exports amid globally ...
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  • Russian economy
    By Lawrence C. Saleh
    May 13, 2021
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    UPDATE 1-Russian Economy Ministry expresses concern over high food exports

    (Add quotes, details) MOSCOW, May 13 (Reuters) – The Russian Economy Ministry is exploring possible measures to address the problem of high food exports amid globally ...
    Read More
  • Russian economy
    By Lawrence C. Saleh
    May 4, 2021
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    bne IntelliNews – MOSCOW BLOG: Russia’s economy is recovering, but so is inflation

    ED: This is the summary of bne IntelliNews’ monthly Russia country report, an extensive report on business, economics, finance and politics that tracks slow trends and ...
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  • Russian economy
    By Lawrence C. Saleh
    April 1, 2021
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    Russian economy continues to climb after Covid crisis after lockdown

    (Bloomberg) – The Russian economy has continued to rebound after its pandemic-induced recession in the fourth quarter of 2020, easing its contraction as President Vladimir Putin ...
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  • Russian economy
    By Lawrence C. Saleh
    April 1, 2021
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    Russian economy continues to climb after Covid crisis after lockdown

    (Bloomberg) – The Russian economy has continued to rebound after its pandemic-induced recession in the fourth quarter of 2020, easing its contraction as President Vladimir Putin ...
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  • Russian economy
    By Lawrence C. Saleh
    March 31, 2021
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    Russia’s economy is rebounding, according to Putin – Business & Economy

    NOVO-OGARYOVO, March 31. / TASS /. Recovery trends in the Russian economy are strengthening but the income base in some regions is still unstable, President Vladimir ...
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  • Russian economy
    By Lawrence C. Saleh
    January 25, 2021
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    Russian economy will return to pre-crisis level by fall, says VTB CEO

    FILE PHOTO: Russian President Vladimir Putin participates in a video conference with Gazprom CEO Alexei Miller at the Novo-Ogaryovo state residence outside Moscow, Russia January 19, ...
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  • Russian currency
    By Lawrence C. Saleh
    December 14, 2020
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    Commodities to push Russian currency higher in 2021, Saxo Bank predicts – RT Business News

    The Russian ruble is currently “undervalued” and has the potential to strengthen by more than 10% against the US dollar, according to Saxo Bank investment director ...
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  • Russian economy
    By Lawrence C. Saleh
    July 4, 2020
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    The Covid-19 pandemic fuels the Russian economy and plunges families into crisis | World news

    As countries around the world face the worst collective economic downturn since the Great Depression, Russia appears to be particularly hard hit by the double whammy ...
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  • Russian economy
    By Lawrence C. Saleh
    July 2, 2020
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    World War II and Putin’s referendum holiday cost Russia’s economy more than $5 billion

    Additional holidays introduced by the Russian government for the delayed Victory Day parade and the constitutional referendum could have cost the Russian economy more than $5 ...
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  • Russian economy
    By Lawrence C. Saleh
    June 1, 2020
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    Reforming the Russian Economy: The COVID-19 Crisis and Beyond

    The impact of the recession on Russia at this particular moment in geopolitical history will impact its foreign policy trajectory in very specific ways. As the ...
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  • Russian economy
    By Lawrence C. Saleh
    October 31, 2019
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    Putin’s national plans will hardly boost Russian economy, study finds

    Russia’s frenzy of gigantic infrastructure spending over the next few years will do little to spur the sluggish growth of the Russian economy, economists have warned. ...
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  • Russian economy
    By Lawrence C. Saleh
    May 27, 2019
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    bne IntelliNews – Russian economy is stagnating

    The Russian economy is stagnating and Russian President Vladimir Putin’s plan to revitalize it with the 12 national projects is starting very slowly. Preliminary figures from ...
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  • Russian economy
    By Lawrence C. Saleh
    May 27, 2019
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    Russian economy is stagnating

    The Russian economy is stagnating and Russian President Vladimir Putin’s plan to revitalize it with his 12 national projects is starting very slowly. Preliminary figures from ...
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  • Russian economy
    By Lawrence C. Saleh
    September 11, 2018
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    Russian economy minister says ruble has deviated from core value and is expected to strengthen by year end

    VLADIVOSTOK, Russia (Reuters) – Russian Economy Minister Maxim Oreshkin on Wednesday said the ruble had “seriously deviated” from its core value, but expected it to firm ...
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  • Russian economy
    By Lawrence C. Saleh
    July 10, 2018
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    Impact of the FIFA World Cup on the Russian economy

    Organized by Russia, 21st edition of the FIFA World Cup starts on June 14 and ends on July 15. Followed in almost every region of the ...
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  • Russian economy
    By Lawrence C. Saleh
    May 31, 2018
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    What will be the impact of the World Cup on the Russian economy | Business | Economic and financial news from a German point of view | DW

    Russia will host the world’s largest soccer tournament from June 14 to July 15 in 11 cities in the European part of the country, after spending ...
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  • Russian economy
    By Lawrence C. Saleh
    September 22, 2017
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    Russian Minister of Economy sees ruble stable, at fair level

    By Andrey Ostroukh, Darya Korsunskaya MOSCOW (Reuters) – The ruble’s exchange rate is near fundamentally justified levels, Russian Economy Minister Maxim Oreshkin said on Friday, after ...
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  • Russian economy
    By Lawrence C. Saleh
    March 25, 2017
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    Russian economy of the post-Soviet Union

    Building a strong and vibrant economy is no easy task, especially when the remnants of an old structure continue to haunt the present. Combine this with ...
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  • Russian economy
    By Lawrence C. Saleh
    November 16, 2016
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    Business raids devastate Russian economy, seminar says

    Criminal cases have been opened against more than 100,000 businessmen in Russia in the first half of this year over a growing problem devastating the Russian ...
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  • Russian economy
    By Lawrence C. Saleh
    November 15, 2016
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    Russian Minister of Economy Ulyukayev accused of corruption

    13:57 11/15/2016 MOSCOW, November 15 (RAPSI, Diana Gutsul) – Russian Economy Minister Alexey Ulyukayev has been formally charged with particularly severe corruption and extortion, acting commission ...
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  • Russian currency
    By Lawrence C. Saleh
    June 14, 2016
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    The share of remittances in Russian currencies is growing rapidly

    Statistical data from the Central Bank shows that the growth in ruble remittances from migrants over the past two years is a record, with an increase ...
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  • Russian economy
    By Lawrence C. Saleh
    April 28, 2015
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    Putin says the Russian economy is not in crisis.

    MOSCOW – Russian President Vladimir Putin said on Tuesday that the country’s economy was not in crisis and the worst was over, with the central bank ...
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  • Russian economy
    By Lawrence C. Saleh
    April 5, 2015
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    Russian economy breaks free from oil curse

    By Leonid BershidskySigns are mounting that Russia’s economy will not die a painful death, but is just getting some powerful, long-awaited medicine. The country recorded unexpected ...
    Read More
  • Russian currency
    By Lawrence C. Saleh
    December 23, 2014
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    What will be the consequences of the Russian currency crisis? – European Council on Foreign Relations

    The collapse of the ruble at the end of 2014 was obviously triggered by the fall in the price of oil. However, the Russian currency has ...
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  • Russian economy
    By Lawrence C. Saleh
    December 20, 2014
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    Big winner of falling oil prices worried about Russian economy

    While Turkey appeared to benefit from the fall in oil prices which has put Russia in difficulty, the latest developments in the Russian economy may have ...
    Read More
  • Russian currency
    By Lawrence C. Saleh
    December 18, 2014
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    Ruble in trouble: why the Russian currency is collapsing

    Russia is rocked by a widespread currency crisis with its president, Mr Vladimir Putin, facing the most serious test of his leadership. In a desperate attempt ...
    Read More
  • Russian economy
    By Lawrence C. Saleh
    December 17, 2014
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    Russian economy in crisis: Apple now stops all sales in the country because it cannot fix prices when the ruble is so volatile

    Tech giant Apple has halted sales of iPhones, iPads and other products in Russia, saying the country’s currency is too volatile to set prices. The value ...
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  • Russian economy
    By Lawrence C. Saleh
    December 16, 2014
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    Why the Russian economy is collapsing

    At 1:00 a.m. Moscow time, Russia’s central bank announced a dramatic rise in interest rates, from 10.5 percent to 17 percent. This is one of the ...
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  • Russian economy
    By Lawrence C. Saleh
    November 7, 2014
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    Ruble collapses as Russian economy is on the brink of recession | Russia

    Russia’s economic woes intensified on Friday as the besieged ruble collapsed during morning trading, stoking fears the country was on the brink of a full-fledged currency ...
    Read More
  • Russian economy
    By Lawrence C. Saleh
    May 3, 2014
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    Russian economy faltering in the face of sanctions

    International sanctions threaten to trigger a painful economic recession. But tens of thousands of Russians put aside worries about the precarious future and happily flocked to ...
    Read More
  • Russian economy
    By Lawrence C. Saleh
    April 30, 2014
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    How the Russian economy has deteriorated | Economy

    Russia’s economy was struggling even before the crisis in Ukraine, but things have now worsened, according to the International Monetary Fund. GDP declined in the first ...
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  • Russian economy
    By Lawrence C. Saleh
    March 3, 2014
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    The Ukrainian crisis, the ruble and the Russian economy

    The Russian ruble has fallen to an all-time high against the US dollar as the Ukraine crisis reignites Cold War-type tensions. Here are four things to ...
    Read More
  • Russian economy
    By Lawrence C. Saleh
    June 19, 2012
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    Why a weak ruble weighs on the entire Russian economy

    MOSCOW – We are told not to storm the exchange offices, where people are already starting to fight for dollars. Meanwhile, experts recommend that people divide ...
    Read More

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