The 8th largest economy on the entire planet is in a state of turmoil right now. The shocking collapse of the price of oil has hit a lot of ... Read More
The Russian ruble strengthened sharply on Wednesday in volatile trade after the Finance Ministry said it had started selling foreign currency from its leftover stock. The Russian currency has ... Read More
As Russian President Vladimir Putin has ratcheted up the conflict with the West for most of the year, the economic fallout on ordinary Russians has been limited. Suddenly, though, ... Read More
Russia’s currency rout has sent a shudder through global markets and the sell-off is spreading to other emerging markets. The Russian ruble plunged about 12% Monday, while the Indonesian ... Read More
It has been a rough year for Russian stocks. This is shown well by the Market Vectors Russia ETF in red and especially against the volatile but upwardly moving S&P 500 in ... Read More
Russia’s worsening economic crisis is spreading through its corporate bond and stock markets as a tumbling ruble and plunging growth erode confidence in companies recently seen as able to ... Read More
Traders are claiming that the Central Bank of Russia has stepped back into currency markets to halt the rouble’s slide as it continued to fall in early trading on ... Read More
The Russian government has warned the economy will fall into recession next year as Western sanctions, in response to its role in eastern Ukraine, and falling oil prices begin ... Read More
The mutual sanctions between Russia and the European Union this year will cost Italy around €20-22 billion, which is higher than official estimates, an Italian investor said on Thursday. ... Read More
At a technology fair in Moscow last month, European executives faced the new reality of doing business in Russia since the West imposed sanctions: the number of companies at the international ... Read More
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