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Wagner’s attempted mutiny in Russia has put wheat prices on course for their biggest monthly gain in eight years as the armed uprising last weekend sent the rouble tumbling and triggered a surge in gas prices.
Rouble sinks to a 15-month low as Putin faces the greatest challenge to his reign
Russia believes it has swerved a financial crisis as its currency rallies and economic data improves, but strategists say the numbers mask some ugly truths for Moscow. Although inflation in the country is running hot, there are signs that price rises are slowing and will continue to do so, while the Russian ruble has gone ...
Russian inflation came in at a two-decade high of 17.8% year-on-year in April, up from 16.7% in March, but price increase began to show signs of slowing.