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.
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 ...
Russia's economy steps back from the brink
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
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
Russian President Vladimir Putin is betting Russians will weather worsening economic conditions, if only because the cost of revolt is so high.
