Sberbank CEO German Gref said Russia is so fixated on fighting inflation that it's forgetting about economic growth.

She worked at Russia’s central bank until early 2022. To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing,

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have no immediate major obstacles, according to experts. View on euronews

U.S. Treasury Secretary Scott Bessent said that Vladimir Putin’s envoy Kirill Dmitriev is a Russian propagandist who lies about the consequences of sanctions for the Russian economy. — Ukrinform.

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation,” And in June, Economy Minister Maxim Reshetnikov warned that Russia was “on the brink” of a recession.

On Wednesday, US President Donald Trump imposed Ukraine-related sanctions on Russia for the first time in his second term.

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

European leaders vowed to work in coordination to ratchet up the pressure on Russia as the so-called “coalition of the willing” met in London to discuss strategies to end the war in Ukraine.

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

Exclusive: A paper by the Center for Freedom and Prosperity argues there are are strong economic benefits for the United States if peace can be achieved

The impact of President Donald Trump’s attempt to financially choke Moscow’s war machine by imposing sanctions on Russian oil firms was instant; not on the battlefield in Ukraine, but in the offices of oil traders in India and China,

North Korea and Russia held a joint economic committee meeting this week to discuss ways to implement bilateral cooperation plans, its state media reported Saturday.