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.
"As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war." ...
Russia has suffered a major economic setback, after China and India halted their purchases of Kremlin oil. Oil and gas ...
Russian President Vladimir Putin is reportedly worried about the state of the country's economy amid threat of tariffs from ...
Russia could face a wave of corporate bankruptcies this year as the share of enterprises with risky levels of debt in total ...
Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...
Poland's foreign minister said Putin used to criticize the Soviet approach that helped bankrupt it, but now he's repeating ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Ukraine has targeted two of Russia's oil refineries in drone strikes in an effort to bankrupt their ability to continue ...
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