Putin's mobilization hits Russia's economy in its weak spots
Already, companies are scrambling to prevent their employees from being drafted, given the tight labor market.
Source: pressherald.com
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Russia hides budget spending but shows how ruble hit oil revenue
Russia said it would no longer disclose monthly figures breaking down how much the government spent on various budget items including defense, even as it released data showing the ruble’s surge erased the benefits of higher crude prices for revenue.
Source: stripes.com
Russia Hides Budget Spending But Shows How Ruble Hit Oil Revenue
Russia said it would no longer disclose monthly figures breaking down how much the government spent on various budget items including defense, even as it released data showing the ruble’s surge erased the benefits of higher crude prices for revenue.
Source: bqprime.com
Russia economy lurched into contraction in April amid sanctions
Nearly 90% of Russian companies say they are affected.
Source: moneyweb.co.za
Bank of Russia moves up rate meeting with rouble rally unabated
The Russian currency extended gains after the announcement, albeit at a slower pace than on previous days.
Source: moneyweb.co.za