Russia

After the Soviet era, Russia experienced a slight recovery in the late 1990s which ended at the end of the decade with the depreciation of the ruble and the default of public debt. This was followed by a recession, a deterioration in the standard of living and an intense flight of capital abroad.

For many observers, the main problem of the Russian economy is that of the banking sector, controlled by "oligarchs", businessmen linked to political power, who often use depositors’ money to support their companies.

Official Name:	Russian Federation
Form of government:	Federal Presidential Republic
President:	Vladimir Putin
Prime Minister:	Dimitry Medvedev
Currency:	Russian Ruble (RUB)

Russia, ultimi articoli su Money.it International

With American LNG, the European energy crisis is far from over

Money.it

25 June 2024 - 17:00

With American LNG, the European energy crisis is far from over

Competition to purchase LNG is visible in today’s market, with European benchmark prices recently rising to a nearly six-month high above 37 euros per megawatt hour.

Putinomics: how Russia’s economic model has changed

Money.it

25 June 2024 - 13:00

Putinomics: how Russia's economic model has changed

Real wages are rising rapidly thanks to very dynamic labor market conditions; at the same time, unemployment is at 2.8%, the post-Soviet record low.

What are Russian ships doing in Cuba?

Money.it

17 June 2024 - 15:00

Russian warships were spotted entering the port of Cuba. Is there a risk of a new crisis of ’62? This is the real reason why the Russian fleet is in Havana.

G7 nations agree to $50 billion loan to Ukraine. Here’s who will pay

Lorenzo Bagnato

14 June 2024 - 10:19

G7 nations agree to $50 billion loan to Ukraine. Here's who will pay

The group of 7 rich Western economies agreed in Italy to a $50 billion loan to Ukraine. Here’s how it will work.

Why Russian gas is still a problem for Europe

Money.it

13 June 2024 - 17:00

Why Russian gas is still a problem for Europe

Russian gas is a resource and a threat to Europe, as highlighted by the story of the transit of fuel from Russia to our continent via Ukraine. What’s about to happen?

Moscow’s parallel economy: how Russia defies sanctions

Money.it

28 May 2024 - 17:00

Moscow's parallel economy: how Russia defies sanctions

In the shadow of the Kremlin, at least in theory, Russian citizens would not be able to purchase products from some foreign brands. And instead...

Russia seizes 12.3m Euro From Commerzbank and JP Morgan Companies

James Hydzik

6 May 2024 - 23:09

Russia seizes 12.3m Euro From Commerzbank and JP Morgan Companies

A Russian bank on the U.S. sanctions list has won a court petition to seize some of the assets of the Russian subsidiaries of western banks.

U.S. Claims Russia is Using Chemical Weapons in Ukraine

James Hydzik

3 May 2024 - 07:16

U.S. Claims Russia is Using Chemical Weapons in Ukraine

The U.S. has stated in the past that Russia would face stiff repercussions if it use chemical weapons.

Here’s how commodity traders get around sanctions against Russia

Money.it

25 April 2024 - 15:00

Here's how commodity traders get around sanctions against Russia

There is growing enthusiasm for the new rules, combined with some details of the LME contract and storage system, which have created an opportunity for complex but profitable trading.

Russian economy to grow by 3.2%, more than the UK, France and Germany

Money.it

24 April 2024 - 13:30

Russian economy to grow by 3.2%, more than the UK, France and Germany

Investments by companies and state enterprises and the solidity of private consumption in Russia will favor growth together with its huge oil exports.