Russia’s ‘disposable-goods’ economy gets busier but poorer, and sanctions could trigger a recession
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of…
Mysterious drones that officials can’t explain keep shutting down Europe’s airports: ‘it could be anybody’
Munich Airport was temporarily shut down overnight after several drone sightings in the area, the latest mysterious drone overflights in…
Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession
The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession,…
‘Europe must stop purchasing Russian oil that is funding war’: Trump tells European nations to put economic pressure on China over Ukraine
US President Donald Trump called on European nations to take stronger economic action against China on Friday, urging…
Russia’s economy is ‘on the brink of a recession’ and headed for a disastrous harvest
Russia could slip into a recession soon and is having its worst harvest in 17 years, further straining…
Trump could trigger a financial crisis in Russia — if he wants to — but has backed off from his threat of ‘very severe consequences’
The U.S. holds immense leverage over Russia’s economy and ability to continue waging war on Ukraine, but President…