Russia's economy

Russia’s economy is now so militarized, it may keep expanding its army even after the Ukraine war
July 28, 2025
Russia's military industry is likely to expand even after the Ukraine war ends, wrote a think tank.Military spending is driving Russia's economy, sustaining it despite Western sanctions.Russia's militarized economy is...
Putin hails Russia’s strong 2024 economic growth
Putin hails Russia’s strong 2024 economic growth
February 7, 2025
Putin told his prime minister to get a grip on rising consumer prices (Gavriil Grigorov) Russia reported strong economic growth for 2024 on Friday as record spending on the military...
Putin makes it official: Russia is all in on defense spending
December 3, 2024
Putin has signed off on a record defense budget for 2025 amid the ongoing Ukraine war.Defense spending will rise to 13.5 trillion rubles, making up a third of the country's...