Russian economy

Russia’s economy enters ‘serious crisis,’ echoing late Soviet collapse, intelligence says

Russia’s economy has entered a phase of serious crisis that could force the Kremlin to revisit an economic policy shaped in the early 2000s, Ukraine’s Foreign Intelligence Service reported on Feb. 10

10 February, 02:32 PM

Russia’s oil losses from Ukrainian drone strikess exceed $12.9 billion

Russian oil companies have suffered more than 1 trillion rubles ($12.9 billion) in direct and indirect losses from Ukrainian drone attacks on refineries, The Moscow Times reported on Feb. 9, citing estimates from insurance broker Mains.

10 February, 12:40 AM

Russia’s banking stability proves artificial

Despite official reassurances, Russia’s banking system lost its core stability in 2025, indicating that a banking crisis is already underway, Ukraine's Foreign Intelligence Service reported on Feb. 5.

6 February, 09:30 AM

Putin warned of coming economic crisis, report says

Officials in Russian dictator Vladimir Putin’s financial team have warned him that Russia is staring at a large-scale economic crisis in Q2 2026, The Washington Post reported on Feb. 5, citing a source with direct knowledge of the matter.

5 February, 10:43 PM

Russia’s banking now in crisis, report says

The Russian banking systems has entered a crisis, on account of non-performing loans (NPL) constituting over 10% of bank assets, independent Russian newspaper The Moscow Times reported on Feb. 2.

3 February, 02:28 AM

Russia facing oil revenue collapse as direct talks with Ukraine resume

Russia’s oil revenues, a critical source of funding for its war against Ukraine, are sharply declining due to falling prices, tighter sanctions and Ukrainian drone attacks on tankers and refineries, pushing the Kremlin to raise taxes and debt while engaging in its first direct talks with Kyiv in years, The New York Times reported on Jan. 31.

1 February, 02:59 PM

Kremlin turns war in Ukraine into systemic abuse of its own people

“Bunker Putin”, “cannibal commanders,” “disposable mercenaries” — Russian social media vocabulary is becoming increasingly anti-war, just like public sentiment, researcher Liubov Tsybulska said in an interview with NV on Jan. 16.

16 January, 08:30 AM

China cuts down on Russia’s raw-material supplies

In 2025, for the first time since the Russia-Ukraine full-scale war outbreak, trade between Russia and China began to decline — despite having served as a “lifeline” for the Russian economy under sanctions, The Moscow Times wrote on Jan. 8.

9 January, 01:02 PM

Russian economy sliding toward recession — Ukrainian intelligence

Russia’s economy is rapidly moving toward recession — a reality now being acknowledged even by analytical institutions close to the Kremlin, Ukraine's Foreign Intelligence Service (FIS) wrote on Jan. 3.

5 January, 12:31 PM

Russians start saving on food due to record loan debts

Russians in 2025 began economizing on food due to a range of economic factors, including rising delinquencies on previously taken loans, Ekaterina Lobacheva, head of X5 Retail Group, Russia's largest retailer, said in an interview with business outlet Kommersant on Dec. 22.

23 December 2025, 07:23 PM

Russia’s central bank warns debt servicing has become critical for 67% of major companies

Russia’s corporate finances — including those of some of the country’s largest businesses — are deteriorating rapidly as high interest rates and a slowing economy squeeze profits, the Central Bank of Russia said, according to The Moscow Times.

28 November 2025, 10:31 AM

‘Highest level ever recorded’: Ukraine’s international reserves hit historic peak

As of Nov. 1, 2025, Ukraine’s international reserves rose to $49.516 billion, a historic record since the country gained independence. The figure marks a $3 billion increase — or 6.4% — compared to Oct. 1, the National Bank of Ukraine (NBU) reported.

7 November 2025, 12:33 PM

Populism or real help? Where Zelenskyy’s new payouts will come from — and how they could affect Ukraine’s economy

Over the past five years, Ukraine has spent more than 40 billion hryvnias ($1.03 billion) on one-time payments to its citizens. Now, the government is promising to revive the so-called “Zelenskyy thousand” program. But where will the money come from — during wartime?

7 November 2025, 11:49 AM

Ukrainian intel: Russian firms slash costs, shelve growth amid downturn

Russia’s economy is entering a protracted downturn, with companies increasingly reporting financial troubles, slashing spending, and shelving investment plans, Ukraine’s Foreign Intelligence Service said on Nov. 5.

5 November 2025, 06:30 PM

One-time childbirth assistance in Ukraine to rise to ₴50,000 starting Jan. 1, 2026

Ukraine will raise its one-time childbirth payment to ₴50,000 ($1,230) under draft law No. 13532, which the Verkhovna Rada passed in its second reading, the legislature’s website said on Nov. 5.

5 November 2025, 03:35 PM

NBU cuts Ukraine’s 2025 GDP forecast to 1.9% amid energy and labor shortages

Ukraine’s gross domestic product grew by 2.1% in the third quarter of 2025 compared to the same period last year, the National Bank of Ukraine (NBU) reported in its October Inflation Report. The central bank had earlier projected growth at 2.4%.

3 November 2025, 01:24 PM

China’s trap for Putin: Russia forced to issue first-ever yuan bonds — Reuters

Russia is preparing to issue domestic bonds denominated in Chinese yuan for the first time — a move aimed at absorbing the vast yuan liquidity accumulated by exporters and banks from energy sales to China, Reuters reported on Oct. 31.

1 November 2025, 08:06 PM

With ballooning military pay costs, Russian regions slash local budgets

Regional authorities across Russia are slashing budgets, primarily targeting social spending, as a revenue crisis grips two-thirds of the country’s federal subjects, independent Russian newspaper The Moscow Times reported on Oct. 30.

31 October 2025, 02:38 AM

Russia reports third straight quarter of slowing growth

Russia's economy grew by just 0.6% in the third quarter of 2025, marking the third consecutive quarter of slowing growth, The Moscow Times reported on Oct. 30, citing data from Russia's Economy Ministry.

30 October 2025, 01:56 PM

Rosneft, Lukoil valuations down $5 billion after U.S. sanctions

Shares of Rosneft and Lukoil, Russia’s two largest oil companies, tumbled sharply on the Moscow Exchange after the United States sanctioned them, independent Russian newspaper The Moscow Time reported on Oct. 24.

25 October 2025, 02:19 AM

Russian economy

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