Articles on Russian economy

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Russian President Putin blamed the West for his country’s economic troubles and collapsing ruble in a news conference. Reuters

Vladimir Putin and Russia’s incredible shrinking ruble

Russia’s currency is in free fall. Since mid-year, the incredible shrinking ruble has lost close to half its value, and it is anyone’s guess how much further it might go. Whatever happens, the geopolitical…
What doll would you choose? Brandt Luke Zorn

Putin, oil, the ruble and the Russian doll

This week we have witnessed a plunge in the price of oil and the astonishing demise of the ruble. These events provide the basis for a great series of conspiracy theories, the type that readily find an…
Will it put Russia in the black or red? Nata789 via Shutterstock

Huge Russian rate hike plays roulette with the economy

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…

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