Russia to Quadruple FX Purchases as It Rebuilds Wealth Fund and Seeks to Weaken Ruble
Russia’s Finance Ministry said Wednesday it would sharply increase purchases of foreign currency and gold over the next…
Iran War Boosted Russia’s Oil Income, but Putin Has a Bigger Problem
Surging oil prices triggered by the war in Iran boosted Russia’s oil revenue, but money isn’t the Kremlin’s…
Moscow Bans Almost Everyone From Posting About Drone Strikes
Moscow officials are introducing a new ban on posting about the aftermath of drone strikes in the capital,…
Russians Spend Nearly $50Bln on Foreign Travel as Stronger Ruble Fuels Outbound Boom
Russians spent nearly $50 billion on trips abroad last year, close to a record high as a stronger…
Russia’s Oil and Gas Revenues Are Set to Plunge as Prices and the Ruble Turn
Russia’s budget revenues from oil and gas are set to drop by 46% on the year this month,…
Rosneft Profits Plunge 68% as Oil Oversupply and Sanctions Pressure H1 Results
Rosneft (MCX: ROSN) reported a steep 68% drop in first-half 2025 net income as falling oil prices, widening…
Ruble Falls After Latest Russia-Ukraine Talks Make Little Progress
The Russian ruble weakened significantly on both the Moscow Exchange and over-the-counter forex markets Thursday after the latest…
Russia’s Oil Export Revenues Dip 14%
Russia’s export revenue from crude oil and petroleum products slumped by 14% in June compared to the same…
Russian Ruble Nosedives as Economy Gives Putin Major Headache
The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as…
The Russian Economy’s Biggest Problem Right Now
Russia’s economy has had a turbulent few years since its invasion of Ukraine in February 2022. The sharp…
How Russia’s war with Ukraine is impacting the country’s economy
WASHINGTON (TNND) — This month marked 1,000 days of Russia’s war in Ukraine. The invasion not only hurting…
What Collapsing Russian Ruble Means for Ukraine War
Russia’s currency has continued to plunge, adding to the country’s economic turbulence and raising questions about the financial…