The Russian economy is eating its own muscle to survive as Putin’s war on Ukraine destroys future capacity, former central bank advisor says

“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.

Russia Remade Its Economy for War, but It’s Come at a Huge Cost

About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.

After four years of war in Ukraine, Russia's economy could fall into recession

The Russian economy, fueled by the country's military-industrial complex, had long posted growth rates above the European average. Today, however, the country's economic indicators are all in the red.
Charter97

The Crisis In The Russian Economy Is Growing

More than half of large companies in Russia ended 2025 with falling profits, cut back or completely froze investment projects, and many of them are preparing to lay off employees, the Russian Union of ...
Anadolu Agency

Russia acknowledges 50% drop in energy revenues, insists economy remains stable

Kremlin spokesman Dmitry Peskov admitted on Thursday that Russia's revenues from energy resource sales declined by half compared to 2025. Speaking at a press briefing in Moscow, Peskov argued that the ...

From bakeries to beauty shops, Russian businesses are feeling the pain from a new wartime tax policy

As Moscow’s full-scale invasion of Ukraine marks four years, the pressure on Russia’s economy is starting to show.
Ukrainska Pravda on MSN

Russian companies cut job vacancies sharply as economy worsens

Russian companies have sharply reduced their demand for workers as the economic situation in the country worsens. Source: The ...
Yahoo

Moscow cheers NATO crisis as the Ukraine war stifles Russia’s economy, forcing companies to use 4-day weeks and lay off workers

Add Yahoo as a preferred source to see more of our stories on Google. Russian servicemen attend a Christmas service at the Kronstadt Naval Cathedral in Saint Petersburg on January 6, 2026. (Olga ...
Yahoo

Russian officials are warning Putin that a financial crisis could arrive this summer, report says, while his war on Ukraine becomes too big to fail

The Kremlin’s financial situation is becoming increasingly dire and could come to a head in a matter of months as oil revenue shrinks while President Vladimir Putin shows no intention of ending his ...