Russian Economy
Russia has no policy of eliminating the USD
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Russia affirms that the use of the domestic currency in international transactions is not aimed at eliminating the USD, but stems from payment restrictions imposed by some countries.
Russia sharply lowers economic growth forecast and keeps oil prices low
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Russia spoke out on May 12 after the government lowered its economic growth forecast and affirmed that it had implemented necessary measures to ensure economic stability.
Russia pivots to high-tech exports to boost growth
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Russian Prime Minister Mikhail Mishustin outlined 6 key government goals for 2026, including prioritizing high-tech exports.
Russian budget red alert right at the beginning of 2026
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The Russian budget opened the year with worrying figures when the deficit in January was equivalent to nearly half of the full-year deficit target.
Russia at risk of financial and banking crisis
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Russia's financial system is said to be under greater pressure as the Ukraine conflict is approaching its 4th anniversary.
Central Bank warns of bad news about the Russian economy
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After 3 consecutive quarters of slowing growth, the Russian Central Bank warned that the Russian economy could fall into recession by the end of this year.
Russia's economy is not recessionary, still attracting tens of billions of USD in foreign capital
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The Governor of the Russian Central Bank, Elvira Nabiullina, affirmed that the Russian economy has not fallen into recession as many rumors have predicted.
Russia may soon increase VAT due to pressure from conflict
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The Russian government is considering raising VAT along with many strong measures to deal with a record budget deficit caused by the war in Ukraine and rising social spending.
Russian economy faces risks, the largest bank urgently proposes
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The decisions in the coming months by the Russian Central Bank and the Kremlin will be of life-saving value to the country's economy.
President Putin's advisor warns about the Russian economy
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President Putin's adviser warned that the Russian economy is showing signs of a short circuit and needs to cut interest rates urgently.
Russian exports increase sharply amid a wave of sanctions from the West
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Russian exports have increased significantly compared to before the escalation of the Ukrainian conflict, despite large-scale sanctions from the West.
Self-defeating sanctions, Russia surpasses Japan to become the world's fourth largest economy
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Amid the sanctions, Russia is still self-reliant, surpassing Japan to become the world's fourth largest economy according to PPP.
Russian economy breaks out, attracting Western investment amid sanctions
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The Russian economy accelerates amid the cycle of sanctions, attracting Western investors back.
The assets of Russian billionaires increased rapidly at the beginning of the year
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The assets of Russian billionaires increased by more than 11.5 billion USD in just the first 3 months of 2025.
Russian economy breaks through the sanctions cycle, enters top 4 in the world
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Russia's economy continues to grow, entering the top 4 largest economies in the world in terms of purchasing power parity, despite sanctions pressure.
