America alone has imposed nearly 6,500 penalties since February 2022, when Russia’s full-scale invasion of Ukraine began. Europe has even more (see chart 2). Many punish people close to Mr Putin by ...

The USD/RUB exchange rate retreated to the critical support at 83 on Friday as the US dollar index (DXY) crashed and after ...

More than three years after Russia's invasion of Ukraine, Europe's energy security is fragile. Businesses are wary that ...

Oil, a product that has helped keep the Russian economy afloat amid crunching sanctions also looks to be on a downward trajectory. In 2024, Lukoil reported a stunning 26.5% drop in net profits ...

while Russian Finance Minister Anton Siluanov is using a sledge hammer of credit-funded massive spending increases to boost growth in other parts of economy. "The war machine must be kept going at ...

U.S. President Donald Trump's expansive and turbulent raft of tariffs may not have hit Russia directly, but might nonetheless serve up a painful blow to Russia's oil export-dependent economy.

The Russian economy reached a size of 200 trillion rubles ($2.37 trillion) in 2024, growing six times faster than Europe, Prime Minister Mikhail Mishustin said on Wednesday. Saying the driving ...

In response, the Russian central bank has hiked interest rates to 21% in a bid to slow down price rises. The central bank indicated in March that the economy was beginning to show signs of cooling ...

Part I of the paper covers the initial impacts of the sanctions regime on the Russian economy. Next, Part II runs through the lessons Russia learned from the sanctions imposed in 2014, and how these ...