Russia is on the verge of defaulting on its foreign debt, which not only could have severe economic consequences but could also complicate Putin’s ability to wage a prolonged war in Ukraine.
Articles on Russian economy
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Despite the ruble’s recovery, sanctions have actually dealt a punishing blow to the Russian economy. But changing Putin’s mind is another matter.
The financial impact will be severe and long lasting.
An expert on oligarchs explains how they came to be Russia’s richest and most powerful people and scrutinizes their relationship with Putin.
Putin’s militarized security state has been growing since 2004 at the expense of social services and living standards for Russians.
The president’s regime has been planning for a trip to the international deep freeze for many years.
Soaring inflation and a run on the banks signal that punishing sanctions resulting from the invasion of Ukraine are already inflicting economic pain.
By working with allies, the Biden administration has been able to place severe sanctions on Russia – including targeting Putin’s inner circle and banning banks from SWIFT.
When announcing financial penalties on Russia earlier this year, Biden hinted at the prospect of ‘further’ sanctions. An energy scholar explains what Biden may have meant.
A plebiscite to amend the Russian constitution was a way for Vladimir Putin to extend his presidency to 2036. But many questions about the vote could mean trouble for the Russian leader.
Russian politics depends on a competition between different power networks. And hardline nationalists are winning at the expense of reformers.
Russia’s economy is flatlining and the reasons boil down to poor governance.
Russia is dragging its feet on climate action - and risks being left out in the cold.
Real estate has become a ‘soft’ power tool in the world of international politics.
The past year hasn’t worked out so well for Russia – and the Kremlin’s ability to weather the storms ahead is looking shaky.
A year after the Maidan revolution of 2014, Ukraine is at a critical juncture. The conflict with Russia has been escalating. Estimates of casualties exceed 5,000, with some reports putting the number at…
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…
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…
The dramatic slide in the value of the rouble has claimed its first banking casualty. Trust Bank is being bailed out by the Russian Central Bank to the tune of US$530m. The emergency liquidity line is…
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Co-Director of the Centre for Russian, European and Eurasian Studies, University of Birmingham
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Professor of Government, Wesleyan University
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Lecturer in Finance, Queen's University Belfast
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Senior Lecturer in Economics, Lancaster University Management School, Lancaster University
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Senior Lecturer in Economics, Cardiff University
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Assistant Professor of Political Science, Old Dominion University
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Teaching Assistant Professor, East Carolina University
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PhD Candidate, KU Leuven
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Professor of International Relations and Security, University of Bradford
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Professor in The Division of Global Affairs and The Department of Political Science, Rutgers University - Newark
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Professor of IPE, Director of City Political Economy Research Centre (CITYPERC), City St George's, University of London
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Professor of International Management & Political Economy, Loughborough University
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Associate Professor of International Business, University of South Carolina
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Clinical Associate Professor of Business Economics, Indiana University
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Professor of International Political Economy, University of California, Santa Barbara