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Russian Economy

The Ugly State of Russia's Economy

Sergei Aleksashenko | Posted 12.14.2015 | World
Sergei Aleksashenko

MOSCOW - The situation in Russia is not just bad, but downright ugly. The main reason for the poor state of the Russian economy is the lack of an effective system for protecting property rights. The gradual dismantling of state institutions led first to a decline in investments, then to a sharp drop beginning in 2013, and finally to massive capital flight, with economic growth slowing to a halt by mid-2014.

Putin's Syrian Adventure Will Cost Russians Dearly

Vladimir Ryzhkov | Posted 10.06.2015 | World
Vladimir Ryzhkov

The number of Russians now living below the poverty line is increasing in tandem with the number of Russian air strikes in Syria. Moscow is financing its military buildup and operations through cuts to the already woefully underfunded sectors of education, health care and infrastructure.

Interview With Prominent Putin Critic Bill Browder, CEO of Hermitage Capital Management

Samuel Ramani | Posted 05.13.2015 | World
Samuel Ramani

Browder was the largest foreign investor in Russia until 2005, when he became blacklisted from Russia as a "threat to national security." He has since emerged as one of Putin's most strident critics, and a prominent human rights activist.

Putin's Next Move

Jeff Danziger | Posted 03.07.2015 | Politics
Jeff Danziger


Is Economic Warfare the Theme for 2015?

Ambassador Muhamed Sacirbey | Posted 03.07.2015 | World
Ambassador Muhamed Sacirbey

Is the Russian Ruble becoming financial rubble as consequence of targeting by the U.S. and its allies? The dramatic fall in oil prices and commensurate drop in the Russian currency, is this coincidental to broader global economic trends or an orchestrated assault?

Ruble Plummets As Russian Economy Shrinks

AP | NATALIYA VASILYEVA | Posted 12.29.2014 | Business

MOSCOW (AP) — The Russian currency extended its losses on Monday after a report showed the economy has started shrinking in annual terms for the fir...

The Impact Of Russia's Currency Crisis

HuffPost Live | Rahel Gebreyes | Posted 12.19.2014 | World

As the value of the ruble continues to fluctuate, having lost about 50 percent of its value in the past year, Russians are stocking up imported goods ...

Russians Rush To Stores As Ruble Plummets

AP | NATALIYA VASILYEVA | Posted 02.16.2015 | World

MOSCOW (AP) — Russian consumers flocked to the stores Wednesday, frantically buying a range of big-ticket items to pre-empt the price rises kicked o...

Why You Should Care About The Collapsing Russian Ruble

The Huffington Post | Mark Gongloff | Posted 12.16.2014 | Business

Plunging oil prices and economic sanctions have pushed Russia's economy to the brink of collapse. "Couldn't happen to a nicer dictator than Vladimir P...

Russian Economy

Jeff Danziger | Posted 02.02.2015 | Politics
Jeff Danziger


Weakening Russian Energy Sector May Not Support Geopolitical Ambitions

Daniel J. Graeber | Posted 07.05.2014 | Business
Daniel J. Graeber

The Russian economy may not be able to finance the Kremlin's ambitions in Eastern Europe for much longer because the country's oil and gas output is no longer a strong support of growth.

Russia's Economy Is Already In Recession, According To The IMF

AP | By NATALIYA VASILYEVA | Posted 06.30.2014 | World

MOSCOW (AP) — The International Monetary Fund estimates that Russia's economy has already entered recession as fears of broad economic sanctions wei...

Putin Admits Sanctions Hurt

Reuters | Posted 06.24.2014 | World

ST PETERSBURG, April 24 (Reuters) - Russian President Vladimir Putin said on Thursday that sanctions were hurting the Russian economy but that the d...

Brooklyn Nets Owner Threatens To Bring Club Under Russian Jurisdiction

Reuters | Alexei Anishchuk | Posted 03.24.2014 | Business

MOSCOW, March 24 (Reuters) - A Russian billionaire said on Monday he planned to relocate his company that runs the Brooklyn Nets basketball team to Ru...

Hundreds March Against Globalization As Russia Gears Up To Join WTO

AP | Associated Press | Posted 07.01.2012 | Business

MOSCOW -- More than 1,000 people waving communist and imperial flags have protested in central Moscow against Russia's upcoming entry into the World T...

The Russian Business Enigma

John Sullivan | Posted 12.05.2011 | World
John Sullivan

Winston Churchill famously summarized his view of Russia as "[A] riddle wrapped in a mystery inside an enigma." Even for the Russian people, Churchill's view remains largely true today, particularly in the business sector.

Is Walmart Giving Up On The Russian Market?

AP | Posted 05.25.2011 | Business

BENTONVILLE, Ark. — Wal-Mart Stores Inc. is closing its Moscow office but says it is still interested in the Russian market. The world's biggest ...

Film Review: My Perestroika

Stewart Nusbaumer | Posted 05.25.2011 | Arts
Stewart Nusbaumer

My Perestroika tells the story of five rather ordinary Russians who have lived during extraordinary times, in mind-boggling times, dangerous and, for some, incredibly rewarding times.

Modernizing Russia Through Innovation

Arkady Dvorkovich | Posted 05.25.2011 | World
Arkady Dvorkovich

The necessity for a radical change in Russia's economic development paradigm has become clear in recent years, with President Medvedev responding forcibly.

Russia's Oligarchs

Posted 05.25.2011 | Business

The financial crisis dealt a blow to the upper crust of Russia's financial elite last year, diminishing the worth of the country's 10 richest tycoons ...

Poverty Rate Rises In Russia By A Third

The Times of India | AFP 28 August 2009, 07:41pm IST | Posted 05.25.2011 | World

MOSCOW: The number of people living below the poverty line in Russia rose by a third from 18.5 million in the last quarter of 2008 to 24.5 million in ...

Russian Economy Faces Disastrous Free Fall Contraction

Sheldon Filger | Posted 05.25.2011 | World
Sheldon Filger

In Russia, economic health and political stability are intertwined to a degree that is rarely encountered in other major industrialized economies.

Russia's Inflation Could Spur Social Unrest

The Moscow Times | Posted 05.25.2011 | World

Her job is safe and her salary hasn't been cut by a single ruble, yet Svetlana Nikolayeva says she feels the effects of the financial crisis as badly ...

Mikhail Khodorkovsky Trial Seen As Test For Medvedev | By Nickolaus van Twickel | Posted 05.25.2011 | World

The second trial of former oil tycoon Mikhail Khodorkovsky, which kicks off with preliminary hearings Tuesday, offers a test case of President Dmitry ...

The Sochi Tea Party

Brian Whitmore | Posted 05.25.2011 | World
Brian Whitmore

There was likely more to this little puff piece than an editor looking for some light filler for the evening news broadcast.