Economy Russia

Tuesday, 28 November 2023

Latest News for: Economy russia

Edit

EU reveals impact of its sanctions on Russia trade

Russia Today 28 Nov 2023

The share of exports from the bloc to Russia also fell in the same period, from 3.8% to 1.4% ... Read more EU states divided on Russia sanctions - Bloomberg ... The bloc aims to weaken Russia’s economy by depriving it of access to critical technologies and markets, and by curtailing its income from exports of raw materials.

Edit

Germany, now the world’s worst-performing major economy, grapples with a budget crisis

The Los Angeles Times 28 Nov 2023

With its economy struggling, Germany now is ... Economists say spending cuts would only add to the challenges facing Europe's largest economy after Russia cut off the cheap natural gas that fueled its factories, squeezing businesses and raising the cost of living for households.

Edit

Germany is having a budget crisis. With the economy struggling, it's not the best time

Longview News-Journal 28 Nov 2023

... of Russia's war in Ukraine ... Economists say spending cuts will only add to the challenges facing Europe's largest economy after Russia cut off the cheap natural gas that fueled its factories, squeezing businesses and raising the cost of living for households paying more for energy.

Edit

Russian consumers feel themselves in a tight spot as high inflation persists

Elko Daily Free Press 28 Nov 2023

Russia's Central Bank has raised its key lending rate four times this year to try to get inflation under control and stabilize the ruble's exchange rate as the economy weathers the effects of Russia's military operation in Ukraine and the Western sanctions imposed as a consequence ... Ukraine's elderly struggle as war with Russia grinds on.

Edit

Germany's leader vows fixes for a budget crisis as the economy struggles. But he offers few details

North Shore News 28 Nov 2023

With its economy ... Economists say spending cuts will only add to the challenges facing Europe's largest economy after Russia cut off the cheap natural gas that fueled its factories, squeezing businesses and raising the cost of living for households paying more for energy.

Edit

Germany’s leader vows fixes for a budget crisis as the economy struggles. But he offers ...

Wtop 28 Nov 2023

With its economy ... Economists say spending cuts will only add to the challenges facing Europe’s largest economy after Russia cut off the cheap natural gas that fueled its factories, squeezing businesses and raising the cost of living for households paying more for energy.

Edit

Germany's leader vows fixes for a budget crisis as the economy struggles. But he offers ...

The News-Gazette 28 Nov 2023

Edit

With economy struggling, Germany wrestles to find way out of budget crisis

Naharnet 28 Nov 2023

Edit

Diamond trade polishes its act as Russia sanctions loom

Kentucky New Era 28 Nov 2023

If traders are now seen helping Russia evade sanctions to keep financing its invasion of Ukraine, the shine may come off diamonds once again.� ... Russia is a major source of diamonds, but diamonds themselves account for a small part of its economy, and this might in part explain why officials took so long to get around to tackling the trade.

Edit

Russia's fraught rupee oil trade is a warning for countries trying to abandon the dollar

Business Insider 28 Nov 2023

But even Russia, which has been actively skirting sanctions and using local currencies for trade to prop up its economy, hasn't found a really viable alternative currency for trade – highlighting the problems and risks of countries looking to abandon the greenback ... Russia's oil trade with India is particularly problematic.

Edit

High inflation hurts Russian consumers

Billings Gazette 28 Nov 2023

Russia's Central Bank has raised i its key lending rate four times this n year to try to get inflation under f control and stabilize the ruble's a exchange rate as the economy weathers the effects of Russia's military operation in Ukraine and the Western sanctions imposed as a consequence.

Edit

AP Business SummaryBrief at 6:27 a.m. EST

The Eagle-Tribune 28 Nov 2023

Germany's leader vows fixes for a budget crisis as the economy struggles ... Germany is wrestling to fill the gaps in spending set aside for renewable energy projects and relief for companies and consumers facing high utility bills because of Russia’s war in Ukraine. Cuts could further slow what is already the world’s worst-performing major economy.

Edit

Russia's Putin, shown alongside Orthodox icon image, warns West against meddling

Reuters 28 Nov 2023

We will not allow anyone to divide Russia." ... The Kremlin chief claims Western attempts to isolate Russia with the toughest-ever sanctions imposed on a major economy were evidence for what he believed is historic Western racism against Russians ... As Moscow bureau chief, Guy runs coverage of Russia and the Commonwealth of Independent States.

Edit

AP Business SummaryBrief at 4:46 a.m. EST

Enid News & Eagle 28 Nov 2023

Edit

Berlin feels responsible for committing the Holocaust against Jews

Blitz 28 Nov 2023

Namely, as Washington DC is shifting its attention to the Asia-Pacific region in an attempt to prevent Beijing’s rise to the world’s most dominant economy, it’s effectively delegating the so-called “containment of Russia strategy” to the EU ... For its part, Russia will surely not leave this escalation unanswered.