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August 30, 2023
Prices are raising in Russia as the country earns less from oil and spends more on war 18 months into the invasion of Ukraine.
August 30, 2023
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
August 30, 2023
The Russian ruble's wobble in value has exposed a crack in President Vladimir Putin's fortress economy, a vulnerability quickly plastered over by the
August 27, 2023
Shavkat Mirziyoyev was elected again in July. He seems to be charting a new Uzbekistan course since 2016. China money plus privatization keep foreigners intrigued.
August 18, 2023
Russia is selling less abroad, mainly reflected in falling revenue from oil and natural gas, and it's importing more
August 16, 2023
Russias ruble has fallen a long way in recent months, and the countrys central bank has stepped in to try to halt the slide.
August 15, 2023
The Russian ruble has fallen a long way in recent months, and the countrys central bank is stepping in to halt the slide. It also wants to stop the inflation
August 15, 2023
Previously, Russia saw a large trade surplus because of high oil prices and plummeting imports after Russia invaded Ukraine. But oil prices have dipped this year, and itโs more cumbersome for Russia to sell its oil due to Western sanctions, including price caps on crude and oil products like diesel.
August 15, 2023
A weaker currency also poses the threat of higher prices for everyday people in Russia โ and the government has finally moved to halt the drop.