The Russian ruble continued its recent downtrend against the US dollar, even as the country became a major beneficiary to the ongoing Iran war. The USD/RUB exchange rate rose to 80.33, its highest ...
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Russia’s economy is struggling. But that won’t bring Putin to the negotiating table for years
The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...
The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity. Export revenues are falling, and economic ...
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Even as President Donald Trump insists Russia has the upper hand in its war against Ukraine, economists say the country’s position is weaker than ever because the Kremlin has burned through most of ...
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