Russia holds key rate at 21% despite Putin request not to chill the economy
The Russian central bank kept its key interest rate on hold at 21%, its highest level in more than 20 years, despite President Vladimir Putin's
The Russian central bank kept its key interest rate on hold at 21%, its highest level in more than 20 years, despite President Vladimir Putin's
Russian President Vladimir Putin urged his economic officials on Tuesday not to freeze the Russian economy as if it were in a "cryotherapy
The Russian central bank is seen keeping the key interest rate on hold at 21% at its meeting on March 21 while the rouble is seen retreating
President Vladimir Putin has offered the U.S. the opportunity under a future economic deal to jointly explore Russia's rare earth metal
President Vladimir Putin said on Friday that Russia should speed up plans to mine its deposits of lithium, a metal crucial for the production of
Russia's sovereign wealth fund expects a number of U.S. companies to return to Russia as early as the second quarter of 2025, its chief
The Russian rouble and stocks surged on Thursday after a telephone conversation between U.S.
A Russian lawyer who represented U.S. teacher Marc Fogel in negotiations over his release said a lack of support from the administration of former U.S.
High inflation is the key challenge for the Russian economy in 2025, while the economic growth rate is expected to fall from 4.1% recorded last
Sberbank plans to collaborate with Chinese researchers on joint AI projects, a top executive at Russia's biggest bank told Reuters, as China's DeepSeek has upended
With Donald Trump's pledge to quickly end the war between Ukraine and Russia, market players are starting to look at what impact that could have on the rouble,
The Russian central bank is set to hike its key interest rate by 200 basis points to 18% at the July 26 board meeting to tame inflation and
The Russian central bank's independence is set to be tested as it prepares to hike interest rates on Friday amid growing pressure from opponents - including
Russia's central bank hiked its key interest rate by 200 basis points to 18% on Friday, the highest level in more than two years, and vowed to
Russian billionaire Oleg Deripaska came under attack from supporters of the war in Ukraine on Friday after making a rare anti-war statement in which he described
In Russia, there appears to be a new rule: Don't mention the war in relation to the rouble.
Another key interest rate hike in September is not a certainty, as economic growth and lending are slowing down, a senior central bank official said on Thursday in
Russians who still share Western values are being told to choose sides and support their warring homeland or risk being victimised by the West, in the same way that
Russia's trade with India is booming and bilateral payments are proceeding smoothly without the glitches that have been hampering trade with
The IMF will become the first major international financial body to send its official mission to Russia since the invasion of Ukraine in February 2022, Aleksei
Russian officials and managers are perplexed by President Vladimir Putin's surprise threat to limit exports of strategic
Russia's state budget for next year, which includes a 25% hike in military spending, will also be the most secretive in post-Soviet history,
(This Oct. 11 story has been corrected to remove Saudi Arabia as a member of BRICS, in paragraph 4.
Russia is seeking to convince BRICS countries to build an alternative platform for international payments that would be immune to Western sanctions when it hosts
The BRICS group will generate most of the global economic growth in the coming years thanks to its size and relatively fast growth compared
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
Your subscription has been successfully upgraded!