Macro Advisory News Today

and smashed, but not trashed. why more of us are fixing rather than replacing our damaged devices. well be getting a masterclass in gadget repair. hello. lets return to our top story — its exactly a year ago today that russia launched its full—scale invasion of ukraine, beginning europes biggest conflict since world war ii. tens of thousands killed on both sides, and an estimated 13 million people displaced from their homes or made refugees abroad. the economic impact has been glob...

A third of government spending in 2024 will be on the military alone, according to the draft budget. Some of this will be paid for by increased oil revenues and trade with non-Western countries

As comrades flog Bentleys, Russia's military spending is warping its financial system

Our conflicts of interest are Communist China’s gain.

Minister of Economic Development Maxim Reshetnikov said measures are needed to support the falling ruble.

Africa is reducing its use of the Russian currency, according to central bank statistics, the business paper RBC reported.

The Russian currency has stabilized after dipping below 100 rubles to the U.S. dollar — but that doesnt mean the pressure is off Russias economy. Western sanctions have cut into

When it comes to the pressure on the ruble, Russia, one of the world's biggest oil suppliers, is earning less from selling its oil because of Western sanctions. That's narrowing the country's trade surplus with the rest of the world because Russian people and companies also are buying more products from abroad.

Russia's ruble has fallen a long way in recent months, and the country’s central bank has stepped in to try to halt the slide. Until now, the government stood aside as the declining ruble helped its ...

By David McHugh AP Business Writer The Russian ruble’s wobble in value has exposed a crack in President Vladimir Putin’s fortress economy, a vulnerabilit