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…
Is Russia’s War Economy at Breaking Point?
Some of the numbers coming out of Moscow this quarter are setting off alarms in various corridors. There…
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…