Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year
Prices of potatoes — a Russian staple — have surged by 64% this year.
Russian economy on the brink as bankruptcies explode and defence sector faces huge crisis
The head of Russia's defence conglomerate has warned that 'most of our business' will go bankrupt due to high levels of ...
Russia’s Central Bank Lifts Key Interest Rate to Post-Invasion High
The Bank of Russia lifted borrowing costs to the highest level since the invasion of Ukraine as it struggles to cool an ...
Russian central bank blames labour shortages, not high rates, for investment slowdown
Russia's central bank on Thursday rebuffed complaints from businesses about high interest rates pushing up financing costs, ...
Newsday18d
Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending
MOSCOW — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to stem growing inflation as massive government spending on the ...
Meduza9h
Bloomberg: Some of Russia’s key employers privately doubt rosy promises by Putin and Trump
In September, the Russian government forecasted three-percent annual growth ... Instead, to suppress inflation and mask the ...
Russia Vows 'Very Painful' Response As Kyiv Eyes $300 Billion of Frozen Assets
Russia has issued a stark warning to Ukraine's allies, after Zelensky suggested the country's assets could be used to finance ...
Iranians can now use bank cards in Russia as sanctions unite banking systems
Iranians can currently withdraw money in Russia, and will in the future be able to use their cards to pay for in-store ...
Firstpost3h
Explained: The connection between Ukraine war and butter thefts on rise in Russia
The central bank forecasts inflation of 8.0-8.5 per cent this year. As it fights against Western-backed Ukraine, Russia is ...
Barron's1d
Iran, Russia Link Bank Card Systems In Latest Move To Overcome Sanctions
Iranian bank cards can now be used in Russia, state television reported, as the two countries linked their banking systems in the latest bid to counteract sanctions. Iranian banks have been excluded ...