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Russia poised to act against ruble rebound that’s seen as a threat

Business May 26, 2022

Russia poised to act against ruble rebound that’s seen as a threat

Gains in the currency are giving the government pause, as they bite into exporter competitiveness and budget revenue on oil, gas and other commodities sold abroad.

Can Russia pay its creditors, and what happens if not?

Business | EXPLAINER Mar 16, 2022

Can Russia pay its creditors, and what happens if not?

The country due to pay interest on two sovereign bonds Wednesday. But diplomatic standoffs and economic curbs raise questions over if and how they can pay it.

Even as dollar slips, Trump says Russia and China are playing 'currency devaluation game'

Business / Financial Markets Apr 17, 2018

Even as dollar slips, Trump says Russia and China are playing 'currency devaluation game'

U.S. President Donald Trump accused Russia and China on Monday of devaluing their currencies while the United States raises interest rates. "Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable!" Trump said in a Twitter post. Trump's ...

Commentary / World Apr 23, 2015

Russia's economy steps back from the brink

by Leonid Bershidsky

Russia's economic performance is leading some forecasters to be a bit more optimistic about the depth of its recession.

Putin faces media in 'moment of truth' as Russia's economy reels

Business / Financial Markets Dec 18, 2014

Putin faces media in 'moment of truth' as Russia's economy reels

Russian President Vladimir Putin will address the media at his annual press conference Thursday as the country faces a crisis that evokes memories of the post-Soviet dystopia of 1998. Sanctions imposed by the U.S. and Europe after Putin's invasion of Crimea and the tumbling price ...

Putin's risky gamble on a weakening ruble

Commentary / World Dec 2, 2014

Putin's risky gamble on a weakening ruble

by Leonid Bershidsky

Russian President Vladimir Putin is betting Russians will weather worsening economic conditions, if only because the cost of revolt is so high.

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