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Russian economy

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  • Friday, 20 January, 2023
    Markets InsightDavid Sheppard
    Putin is losing the energy war

    After weaponising gas supplies, the Russian president is now on the back foot as prices fall

  • Thursday, 19 January, 2023
    News in-depth
    Oil price cap and falling cost of crude worry Kremlin

    Country’s oil and gas revenues surged last year but Putin warns of risk of ‘budget problems’ in 2023

  • Sunday, 15 January, 2023
    Commodities
    Russian fertiliser export revenue surged 70% in 2022 as prices jumped

    Volumes only fell by 10 per cent despite analysts’ predictions of a collapse in shipments after start of Ukraine war

  • Tuesday, 10 January, 2023
    War in Ukraine
    War in Ukraine costs Moscow more than its record energy revenues

    Russia’s minister of finance admits to worsening public finances

  • Thursday, 29 December, 2022
    Gold
    Gold buyers binge on biggest volumes for 55 years

    China and Russia have been large accumulators of the precious metal in 2022, analysts say

  • Tuesday, 27 December, 2022
    War in Ukraine
    Putin imposes oil ban on buyers complying with G7 price cap

    Decree may permit sales of crude products even if importers comply with sanctions introduced by Ukraine’s allies

  • Friday, 16 December, 2022
    The Big Read
    How Putin’s technocrats saved the economy to fight a war they opposed

    Once thought of as reformers, the president’s economic confidants have ended up as enablers of an invasion they warned against

  • Thursday, 15 December, 2022
    FT News Briefing podcast9 min listen
    Fed enters a new phase

    Western sanctions steadily degrade Russian economy

  • Wednesday, 14 December, 2022
    The Big Read
    Russia’s wartime economy: learning to live without imports

    Rather than provoking a dramatic collapse, international sanctions are causing a steady degradation of the country’s productive capacity

  • Thursday, 1 December, 2022
    EU energy
    Brussels seeks deal on $60 global price cap for Russian oil

    EU tries to get agreement over line after months of talks, in effort to curb Kremlin fuel revenues

  • Wednesday, 16 November, 2022
    Russia’s economy enters recession with 4% contraction

    Western sanctions after invasion of Ukraine contribute to sharpest downturn since pandemic

  • Friday, 28 October, 2022
    Russia’s central bank warns Putin’s military draft will push up inflation

    Interest rate remains at 7.5% as policymakers end cycle of successive cuts

  • Friday, 30 September, 2022
    War in Ukraine
    Russian central bank governor Elvira Nabiullina hit with US sanctions

    Co-ordinated reaction from western allies aims to punish Moscow for moves to annex parts of Ukraine

  • Friday, 16 September, 2022
    Russia cuts benchmark rate by 50 basis points

    Central bank warns rates are unlikely to fall further in the months ahead

  • Thursday, 1 September, 2022
    War in Ukraine
    Putin calls Ukraine an ‘enclave’ and reiterates threat to western gas supplies

    Russia is unbowed by sanctions, Russian president says in Kaliningrad

  • Wednesday, 31 August, 2022
    The FT ViewThe editorial board
    Gorbachev’s legacy lives on despite Putin’s repression

    Hopes for Russia seem to lie in ruins but the last Soviet leader’s achievements were real

  • Friday, 19 August, 2022
    The FT ViewThe editorial board
    Russia’s economy is staggering, but still on its feet

    Loss of western technology and components will be crippling over time

  • Friday, 22 July, 2022
    Russia cuts rates sharply as inflation outlook improves

    Reduction of 150 basis points suggests central bank believes economy is weathering western sanctions better than feared

  • Tuesday, 12 July, 2022
    Opec
    Opec forecasts booming oil demand will test its production capacity

    Cartel says it may need to produce 32mn barrels of crude per day by end of 2023

  • Thursday, 7 July, 2022
    Russia prepares to mobilise economy for longer war in Ukraine

    Bills to support military will increase control over businesses as Moscow aims to withstand sanctions pressure

  • Thursday, 2 June, 2022
    News in-depth
    ‘Everything is gone’: Russian business hit hard by tech sanctions

    Export controls placed on supply of chips and hardware over Ukraine war dent economy’s prospects

  • Thursday, 2 June, 2022
    FT News Briefing podcast8 min listen
    Russian business hit by tech sanctions

    The US will provide Ukraine with longer-range rocket systems

  • Monday, 30 May, 2022
    NK Rosneft' OAO
    Rosneft to pay record dividend despite western sanctions

    Russian state oil group enjoys crude price boon even as production suffers

  • Saturday, 28 May, 2022
    War in Ukraine
    European leaders urge Putin to unblock Ukraine’s grain supplies

    Russian president says Moscow could end blockade of Odesa if sanctions are lifted

  • Thursday, 26 May, 2022
    Russia slashes rates in effort to cool rouble’s rapid ascent

    Currency rally shows sanctions over invasion of Ukraine are cutting the country from global trade

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