Plummeting oil prices, conflict over Ukraine and the West’s imposition of sanctions have contrived to send the Russian economy into a tailspin. But it is not just Russia that is suffering – the economic…
- Co-Director of the Centre for Russian, European and Eurasian Studies, University of Birmingham
Angela Merkel and Francois Hollande’s push for peace in Moscow has helped fuel optimism about the prospects for Russia’s spluttering economy. On the morning of the meeting, the rouble had strengthened…
The Russian rouble started 2015 in much the same way it finished 2014: badly. After losing nearly 50% of its dollar value between July and the end of the year, the rouble lost a further 7% in January…
Vladimir Putin has delivered his annual press conference and at the top of the agenda was the Russian economy, reflecting that the turmoil buffeting the Russian rouble has reached critical levels. After…
Russia’s Central Bank has raised its key interest rate from 10.5% to 17% in an emergency move that is designed to halt the ongoing collapse of the rouble, which has accelerated in recent weeks. The dramatic…
Since the summer, the global price of oil has plummeted. After hovering above the US$100 per barrel level since 2010, prices have declined by around 40% in the space of just a few months. Brent crude has…
If you want to understand the sometimes confounding moves played by Russian premier Vladimir Putin, then you could do worse than look at the accounts. On the face of it the country has seen 14 years of…
The downing of flight MH17 has caused attention to shift once again to the prospect of even harsher penalties being imposed upon Russia by Western countries. Up to this point, sanctions have been limited…
The headline accomplishment of Vladimir Putin’s trip to China is hard to deny: a 30-year deal estimated to be worth US$400 billion for Russia to deliver gas to China. But it isn’t the unqualified win that…
With the Crimean parliament voting to join Russia, and EU leaders discussing potential sanctions, the Ukrainian crisis continues to escalate. But what if Russia’s next seizure wasn’t further territory…
It is increasingly difficult to predict what the future holds for Ukraine. One scenario sees the country becoming divided along roughly ethnic lines, with an ethnic Ukrainian western state and a more Russia-oriented…
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