Serious Warning for the Kremlin: An Inevitable Crisis
Elvira Nabiullina, head of the Russian central bank, warns of an impending economic crisis in Russia due to its deteriorating economic situation.
Surprising interest rate cut by the Central Bank of Russia
The Central Bank of Russia has unexpectedly cut its key interest rate by 50 basis points to 15.5%, signaling potential further reductions in an effort to counteract economic slowdown amid war conditions.