The rise of the Russian ruble in 2025 was far from a minor financial detail. Against all expectations—amid strict sanctions, the ongoing Russian-Ukrainian war, and falling oil revenues—the ruble ...
Russia has sold 71% of National Wealth Fund gold reserves to finance war. Budget deficit balloons 5x as oil revenue drops 22% ...
Oil and gas revenues amounted to 448 bln rubles in December and 8.48 trillion Russian rubles by the end of the year, the ...
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Russia’s ruble surges, but the rally masks deeper economic stress
Last year, Cryptopolitan reported that Russia’s currency won a race no one expected it to enter. The ruble has beaten every ...
Freight volumes plunge 9.4% as Russian Railways’ debt nears $45B. Sanctions, war, and industrial decline push the economy ...
People say you never forget your first major experience. The first financial crisis I encountered in my professional life was ...
Russia’s defense institute NIISSU is in severe financial distress even as it continues work on “Sword,” a sophisticated ...
Forbes contributors publish independent expert analyses and insights. Ingmar Rentzhog is the CEO and founder of We Don’t Have Time. Workers secure coal supplies loaded into freight wagons before ...
Russia's federal budget revenues from oil and gas in 2025 compared to 2024 fell 24 percent, from 11.13 trillion rubles to ...
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