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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Ruble Devaluation

Posted inRussia

Russia will struggle to pay the price of war

by Renaud Foucart March 13, 2022March 13, 2022

The invasion of Ukraine has placed Russia on the verge of bankruptcy. Interest rates have doubled, the stock market has closed, and the rouble has fallen to its lowest level ever. The military costs of war have been exacerbated by an unprecedented level of international sanctions, sustained by a large coalition of countries. Russian citizens, […]

Posted inRussia

Russia’s economy is headed for a fall

by Eric Werker March 11, 2022March 11, 2022

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