Russian Economy Facing a Tidal Wave of Bankruptcies
One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF).
Russian economy meltdown with 'moment of truth' and 'major bankruptcies' looming
Putin is increasingly having to dip into Russia 's National Wealth Fund, whose reserves have plummeted almost 74% from £94 billion to just £25 billion, since the beginning of the war. A further problem for the Kremlin is the rouble's plunge in value, which is adding to inflationary pressure.
The Russian war economy is facing a ‘moment of truth’ as Putin’s dwindling cash reserves raise odds of a financial crash, expert says
"Strained by these factors, the Russian economy is approaching its moment of truth," Åslund wrote. "Inflation will continue to rise in 2025, and people will get even angrier over higher food prices.
Putin Faces 'Really Big Problems' in Russian Economy: Report
The Russian leader is reportedly facing growing pressure from Russia's elite to engage in peace talks to end the war.
Putin lauds the strength of Russia’s war economy. Others see a mirage
Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this image of resilience is a mirage crafted by the Kremlin.
Russia’s economic resilience crumbles under war pressures
Some analysts have likened Russia’s current economic situation to being “on steroids,” while others compare its rapid yet unsustainable growth to “running on cocaine.” According to CNN, Russia may soon experience the painful crash after the party.
Russian government advisers warn of corporate bankruptcies wave
Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total ...
Skeptical of Russia's data, some Western officials judge its economy by looking at Moscow from space
Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story ...
Russian economy meltdown as firms face mass bankruptcies and consumer borrowing costs soar
Hit by a triple whammy of soaring loans, plummeting sales, and evaporating state support, many small-and medium-sized ...
Five key challenges for the Russian economy in 2025
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Putin is repeating a Soviet-era mistake that tanked the Russian economy, Polish foreign minister says
Poland's foreign minister said Putin used to criticize the Soviet approach that helped bankrupt it, but now he's repeating ...
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End of Russian gas transit through Ukraine had no impact on EU - Czech MFA envoy
The termination of Russian gas transit through Ukraine was not of fundamental importance to Europe, while Russia's loss of pricing influence was a significant setback for Moscow. — Ukrinform.
Kurt Volker on the ‘devastation’ Putin has brought on Russian economy, military: ‘Absolutely incredible’
Former U.S. ambassador to NATO Kurt Volker evaluates the war in Ukraine on ‘Fox Report’ amid President Donald Trump’s return ...
Putin ‘worried’ as five-word admission reveals paranoia about Russian economy’s weakness
Vladimir Putin has exposed his worry over a weakness in Russia's economy. The President is thought to be concerned over the ...