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.

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8/21/2023

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.

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.

8/30/2023

Russia earns less from oil and spends more on war. So far, sanctions are working like a slow poison

The Russian ruble's recent volatility and decline in value reveals the underlying struggle of funding the military without damaging the national currency or causing inflation, while the Kremlin's efforts to stabilize the economy in the short term may not prevent long-term economic decline and stress on the ruble.

9/15/2023

Russia Raises Key Rate to 13% as Ruble Struggles, But Forecasts Economic Growth Ahead

The Central Bank of Russia has raised its key lending rate to 13% in an effort to combat inflation and stabilize the struggling ruble, which has weakened significantly against the dollar due to decreased exports and increased imports. The country also faces challenges with low unemployment and a brain drain of talent to other former Soviet states. However, the Russian government remains optimistic about economic growth forecasts for 2023.

8/16/2023

China's Economic Woes Deepen as Growth Slows, Stocks Tumble, and Youth Unemployment Data Withheld

China's stock market has slumped due to worrying economic data including falling prices, missed expectations in retail sales and industrial production, and plunging real estate investment, leading analysts to express concerns about an impending downward spiral in the Chinese economy.