Why Russian Economy Warnings Might Be the only Thing Out of Moscow You Can Actually Believe

Why Russian economy warnings might be the only thing out of Moscow you can actually believe

In a rare public sign that all is not well in Russia, two high-ranking Moscow officials last week issued separate warnings about the state of the country's economy.Russian Central Bank Governor Elvira Nabiullina and Economy Minister Maxim Reshetnikov both highlighted that amid the Kremlin's full-scale war against Ukraine, the tools Moscow once relied on to maintain wartime growth are nearly exhausted.Almost immediately, Russian President Vladimi…

Russian economy meltdown as companies can't find workers and system 'overheats'

The scarcity of workers has pushed up wages, which in turn has helped to drive inflation upwards.