Russia's economic woes have brought a flood of cash and sparked a real estate boom in the UAE

The economic troubles in Russia have led to increased investment from the United Arab Emirates (UAE) in Russian oil and gold markets, while wealthy Russians are flocking to the UAE, boosting its economy and causing a real estate boom.

businessinsider.com

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8/20/2023

The resilience of Russia's stock market and its economy is a complete mirage masking deeper pain, Yale researchers say

Russia's stock market is performing well on the surface, but experts believe it is an illusion meant to hide the declining state of Russia's economy, which is likely to continue suffering as long as President Putin remains in power.

8/20/2023

The resilience of Russia's stock market and its economy is a complete mirage masking deeper pain, Yale researchers say

Investments in Russia's stock market are deceptive and likely to go nowhere as the country's economy spirals downwards under President Vladimir Putin's rule, according to Yale researchers.

8/22/2023

Putin says Russia faces big economic challenges, must keep inflation in check

Russian President Vladimir Putin has acknowledged the rising risks of inflation and has urged the government and central bank to keep the situation under control, as soaring prices could pose a threat to living standards and his upcoming re-election bid, while Russia's budget is also strained due to its military operation in Ukraine.

8/26/2023

Russia’s economy is overheating

The Russian economy is facing several major issues, including a labor shortage, soaring inflation, a tumbling ruble, the risk of recession, a real estate bubble, and the nationalization of foreign businesses, which could lead to stagnation and a fall in GDP growth in the long term.