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EU toughens measures on illegal shipments of Russian oil
US stocks and bonds jump after inflation falls to 3.2%
Extra spending highlights ballooning cost of Vladimir Putin’s war in Ukraine
Busy armaments factories are depriving other industries of scarce workers
Confiscating and deploying them for Ukraine’s benefit is the morally obvious next step
Restrictions on foreign currency transactions are aimed at shoring up rouble
More than 800,000 people fled Russia after last year’s invasion of Ukraine. Now, some have changed their minds
Decree from Vladimir Putin will force exporters to sell some of their foreign currency revenues for roubles
One-off budget revenues to go up in 2024 as Moscow’s defence spending has tripled
Currency extends losses as sanctions weigh on export revenues
Metals oligarch tells FT of his ‘surprise’ at performance of economy in wake of invasion of Ukraine
Kremlin cites boosting ‘defence potential’ and integrating new regions for raising draft budget to $383bn
Businesses from ‘unfriendly’ countries have amassed more than $18bn in earnings since the start of the invasion of Ukraine
Beijing has pushed renminbi as alternative global currency to dollar
The Kremlin’s apparent aim is to tough it out and see if the political tide turns in the US elections
Session called after central bank rate rise fails to halt currency’s decline
Central bank lifts key rate to 12% as jitters grow over the economy and currency’s weaknesses
A weak currency offers an incentive to boost oil exports just when Saudi Arabia reduces supply
Policymakers at odds over how to deal with economic fallout from invasion of Ukraine
Central bank says it may raise interest rate as Russian currency weakens to 101 against dollar
Trading volumes were up 277% as Russians sought an alternative to weakening national currency
Currency trades at its lowest level since the aftermath of Moscow’s full-scale invasion of Ukraine
Vladimir Putin’s confidential decree aims to give the Kremlin power to retaliate against European and US sanctions
Planned levy is expected to hit Russia’s metals and fertiliser industries the hardest
Misleading or suppressed official figures make it hard to assess Russia’s wartime economic record but strains are evident
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