Opinion: With soaring interest rates and stagflation risks, Russia will
0

Opinion: With soaring interest rates and stagflation risks, Russia will face deep economic crisis regardless of war’s outcome

The recent hike in Russia’s key interest rate to 21% by the Central Bank in late October has stirred renewed debate among media and economists about the Russian economy’s outlook and how economic trends could influence Kremlin policies. Today, few predict an "imminent collapse" of the Russian economy. However, signs of deteriorating trends and economic […]
Ukraine may face 'toughest' winter since invasion began, Rutte says
0

Ukraine may face 'toughest' winter since invasion began, Rutte says

NATO's new Secretary General Mark Rutte warned on Oct. 8 that Ukraine may be facing its most challenging winter since the start of the full-scale invasion, as the country prepares for more Russian attacks against energy infrastructure. "Russia continues to carry out massive strikes against Ukraine's critical energy infrastructure. Ukraine could be facing its toughest […]
Lviv-born pediatrician living in Russia may face 6-year prison sentence
0

Lviv-born pediatrician living in Russia may face 6-year prison sentence after criticizing war

Russian authorities are seeking a six-year prison sentence for Dr. Nadezhda Buyanova, a pediatrician originally from Lviv, Ukraine, accused of criticizing Russia’s actions in Ukraine during a private appointment. The case began when Anastasia Akinshina, the ex-wife of a soldier missing in Ukraine, alleged that Buyanova called Russia an aggressor and labeled her ex-husband a […]
Opinion: The central bank can't solve Russia's economic crisis in
0

Opinion: The central bank can't solve Russia's economic crisis in the face of war and sanctions

Almost three years after Russia launched its full-scale invasion of Ukraine, the West’s financial sanctions have finally started to bite, triggering fierce infighting within the Kremlin over control of Russia’s central bank. Russia’s business community has remained largely silent over the past two years, even as Western sanctions triggered a surge in real interest rates. […]