Russian economy news now

Here are some recent news articles and updates about the Russian economy:

Recent Developments:

  1. Sanctions Impact: The Russian economy has been struggling due to Western sanctions imposed over Ukraine and the annexation of Crimea. The sanctions have led to a decline in foreign investment, a devaluation of the ruble, and a decrease in exports. (Source: Bloomberg)
  2. Oil Prices: Russia is heavily reliant on oil exports, and the recent decline in oil prices has had a significant impact on the country's economy. The Russian government has been trying to diversify the economy, but oil still accounts for a significant portion of its revenue. (Source: Reuters)
  3. Inflation: Russia has been struggling with high inflation, which has been fueled by the devaluation of the ruble and the increase in food prices. The country's central bank has been trying to control inflation by raising interest rates. (Source: The Moscow Times)
  4. Economic Growth: Despite the challenges, Russia's economy has been showing signs of growth. The country's GDP grew by 1.5% in the first quarter of 2023, driven by an increase in consumer spending and investment. (Source: TASS)

Recent News Articles:

  1. Russia's Economy to Grow 1.2% in 2023: The Russian government has forecasted that the country's economy will grow by 1.2% in 2023, driven by an increase in consumer spending and investment. (Source: Interfax)
  2. Russia's Central Bank Raises Interest Rates: The Russian central bank has raised interest rates to 9.5% to combat high inflation and stabilize the ruble. (Source: The Financial Times)
  3. Russia's Economy to Diversify: The Russian government has announced plans to diversify the economy by investing in new industries such as technology and renewable energy. (Source: The Moscow Times)
  4. Russia's Trade with China: Russia and China have signed a number of trade agreements, including a deal to increase trade in goods and services. (Source: Xinhua)

Upcoming Events:

  1. St. Petersburg International Economic Forum: The St. Petersburg International Economic Forum is one of the most important economic events in Russia, and it will take place in June 2023. (Source: SPIEF)
  2. Russian Economic Forum: The Russian Economic Forum is an annual event that brings together business leaders, policymakers, and experts to discuss the Russian economy. It will take place in September 2023. (Source: REFF)

I hope this information is helpful!