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Russia Cuts Rate for First Time Since 2022
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The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.
Cryptopolitan on MSN15d
Russia’s stalling war economy could be the best hope to push Moscow towards peace talksRussia seems reluctant to pursue peace at the moment as the country is widely believed to be planning a new summer offensive in Ukraine to consolidate territorial gains in the southern and eastern ...
The figures appear to reflect a broader economic slowdown as sanctions, inflation, and the loss of Western companies continue to wreak havoc on key sectors. According to Russian analytical ...
In the meantime, a marked slowdown in the Russian economy has surprised some economists. "The sharp slowdown in Russian gross domestic product growth from 4.5% year-on-year in the fourth ...
Emerging market assets rose this week, buoyed by a weaker dollar and uncertainties surrounding U.S. trade policy. The Russian ...
Russian economy grows at slowest pace in 2 years—a plunge in oil prices could make things much worse
Russia’s economy faced a sharp slowdown in February, stoking fear in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports. The Kremlin’s ...
Economists have warned for months of a slowdown in Russia’s economic activity, with falling oil prices, high interest rates and a downturn in manufacturing all contributing to headwinds.
Regtechtimes on MSN3d
Russia’s Interest Rate Shock: Businesses Choke as Kremlin Keeps Borrowing at 21%Russia’s central bank, led by Governor Elvira Nabiullina, has kept its key interest rate very high at 21%. This rate makes ...
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