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Articles with tag "Economy"

DEAD END

Russian Ruble, Stocks, Slide as Security Talks Fall Flat

Russian officials have said they see no point in returning to the negotiating table any time soon.
PRICE PROBLEMS

Russia’s 2021 Inflation More Than Double Official Target

Prices rose by 8.4% — a six-year high — as the Central Bank looks set to continue hiking interest rates.
tomorrow will be worse

Russians Expect Political, Economic Decline in 2022 – Poll

Independent polling signals a pessimistic outlook among Russians toward the year ahead.
2022 LOOK AHEAD

Russia’s Business Owners Fear Kremlin Pressure Set to Tighten

The country’s biggest businesses will be asked to contribute even more to Russia’s development.
2022 LOOK AHEAD

Russia’s Economy Set to Face Old Problems in New Year

After a swift recovery from the coronavirus recession, the Russian economy is facing a familiar set of challenges.
pinching pennies

Russians Face Soaring Costs and Tough Choices This New Year

With inflation at its highest since 2016, traditional New Year's dishes are putting more strain on Russians' wallets than ever.
money changing hands

Public Procurement Kickbacks Total One-Third of Russia’s Budget Revenue – Survey

Intense competition and collusion between customers and suppliers drives the corruption, the survey said.
PRICE CONTROL

Russia Sharply Hikes Rates in Desperate Battle With Inflation

The Central Bank has raised interest rates to their highest level in four years as inflation threatens fragile pandemic recovery.
paycheck to paycheck

2 in 5 Russians Have No Savings – Survey

Thirteen percent of those who had savings said they'd be able to live on them for less than a month.
'ECONOMIC DISASTER'

Russia’s Inflation Surges Once More, Central Bank Poised for Rate Hike

Inflation has surpassed expectations again, climbing to 8.4% in November.
PRICE CONSCIOUS

Rising Inflation Gives Boost to Russia’s Discount Retailers

Surging prices and weak wages are a win-win for Russia’s bargain stores, even as the wider economy slows.
RECOVERY

Russia’s Economy Grew Strongly in Third Quarter

But economists say Russia’s economic momentum is waning under the pressures of a fourth wave and high inflation.
Economic headache

Russian Inflation Jumps to 8.1% 

Prices are accelerating at the fastest pace in almost six years.
INFLATION WOES

Russia Hikes Rates as Economists Warn of Triple Threat to Economy

The Russian economy faces a surge in coronavirus cases, partial lockdowns and spiralling inflation.
exit this way

5 Million Russian Citizens Left Russia Under Putin

This outflow comes when Russia is using incentives to raise birth rates.
PRICE RISES

Russian Inflation Continues Climbing, Sets New 5-Year High

Prices have risen by 7.4% over the last year — almost twice the government’s target.
ISOLATION

Russian Firms With Foreign Links Down 40% in 3 Years

The Kremlin’s drive to isolate the economy along with sanctions and the coronavirus pandemic have pushed out foreign investors.
work-to-rule

Employees of Russian E-Retail Giant Wildberries Denounce Pay Shake-Up

Workers are denouncing a drop in wages at the company run by the country's richest woman, Tatyana Bakalchuk. 
penny pinching

2 in 5 Russians Can’t Afford Necessities – Poll

Russians’ real disposable incomes have stagnated in recent years while inflation is driving up prices for groceries and other commodities.
BOUNCEBACK

Russian Economy Rebounds in Second Quarter

GDP grew by 10.3% compared to the same period last year.
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