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Russian bank executives fear rising bad loans may trigger a bailout in 2025, despite official claims of stability.
A full-blown financial crisis can be devastating for a country. Banks fail, business go under and people lose their jobs. Sanctions on Russia could tip the country into that kind of economic collapse.
Mathematically Russia has enough reserves to hold out for at least two years before Western sanctions start to choke the economy, but it must avoid reawakening the "sleeping dragon" of investor panic.
Now, a prominent Western economist is predicting a financial crisis that could spell the beginning of the end for Putin's ambitions, reports Ziare.. Russia’s financial reserves are depleting ...
Mr Putin has spent years preparing for a financial stand-off with the West. Since 2015 the value of Russia’s central-bank reserves has risen by 71%, with most of the increase in the form of gold ...
By freezing the reserves held in Western banks, the U.S. and Europe are disarming Russia of its best weapon in the event of a currency crisis, essentially telling Russia: “Your assets are ...
The rapidly escalating tensions between Ukraine and Russia have cast fresh uncertainty on the Federal Reserve's policy outlook and could force central bank officials to take a more nimble approach ...