Latest
Energy
The Ruble’s current depreciation began in August, alongside the rise in the key rate which started earlier to sustain hardship in Russia’s economy.
Nov. 27
Ruble
The Russian economy is in a dire state as the ruble stands on the precipice of devaluation. There are gasoline shortages and challenges in getting sanctioned goods, an American economist explains.
Mar. 18
Putin
The Russian Central Bank has taken dramatic steps to keep the ruble buoyed, despite ongoing economic turmoil in Russia. However, after Putin’s re-election, economists project that the ruble may fall.
Mar. 14
Russia
The West dallies about funding Ukraine’s war effort, but can do so by confiscating all the Russian financial assets it has frozen.
Dec. 22, 2023
Putin
Putin’s comments on the economy weren’t the only questionable things he said on Thursday. He also suggested the death of Yevgeny Prigozhin was caused by cocaine and grenades.
Oct. 6, 2023
Ukraine
After weeks of dropping in value, only to have its worth saved by the Russian Central Bank drastic increase in interest rates, the Russian ruble still remains in dangerous territory.
Aug. 29, 2023
Russia
While the Kremlin hopes the new cryptocurrency will revive Russia’s flagging economy and help evade sanctions, experts are warning it will be “the ultimate social control tool.”
Aug. 16, 2023
Russia
The bad news keeps coming for Russians – not only is the money in their pockets worth less and less, they now have to contend with a 12 percent interest rate.
Aug. 15, 2023
Russia
A weaker ruble is now just a reflection of the underlying problem, which is that the oil price cap and sanctions are working. And the cause, of course, is the war.
Aug. 15, 2023
Russia
Without showing signs of slowing, the Russian ruble, one of the three weakest currencies in the world, has continued to depreciate over the past week.
Aug. 14, 2023
Russia
As their country continues to wage war against Ukraine, some Russians are upset that desserts are becoming more expensive.
Aug. 9, 2023
Russia
Strikes on Moscow, public jitters and decreasing liquidity leave economists with concerns that the Ruble may eventually enter into "free fall."
Aug. 3, 2023
Wagner
An investigation reveals that nine contracts, with a combined worth exceeding one billion rubles, were awarded to Prigozhin-associated companies after his June 24 mutiny.
Jul. 13, 2023
The Ruble’s current depreciation began in August, alongside the rise in the key rate which started earlier to sustain hardship in Russia’s economy.
Nov. 27