COGNICURRENT

Samsung is shutting down its TV manufacturing plant in Galanta, Slovakia, resulting in nearly a thousand job losses while highlighting a broader industrial decline affecting the Slovak economy.

Hungarian oil and gas company MOL Group has accused JANAF of violating EU regulations by refusing to transport Russian crude oil not covered by sanctions, leading to a governmental response from Croatian Economy Minister Ante Šušnjar.

A 77-year-old retired engineer in Russia reveals her struggles with hunger and rising living costs amid the ongoing war economy.

The article discusses the declining state of the Russian economy four years into the war in Ukraine, highlighting unsustainable military spending and deteriorating growth rates.

The state of the Russian economy is more fragile than ever since the invasion of Ukraine, but it's too early to predict a certain collapse.

Russia's Prime Minister publicly recognized the growing budget deficit and discussed potential solutions with President Putin and government members.

Experts from the Norwegian analytical firm 'Rystad Energy' suggest that India's imports from Russia may decrease significantly, as Russian oil shipments increasingly shift to China, intensifying competition with Iranian suppliers.

A new study reveals that the war in Ukraine has exacerbated economic disparities between Russian regions, with Moscow and St. Petersburg emerging as the main economic powerhouses.

The article discusses how the Russian government conceals economic issues and the implications of ongoing sanctions, as well as provides insight into veteran support amidst claims of declining inflation rates.

The article discusses the dire economic conditions facing residents in Russian-occupied areas of Ukraine, highlighting job losses, unpaid wages, and deteriorating infrastructure.

The Russian economy is struggling under the weight of declining energy revenues and increasing debt amid ongoing sanctions from the West due to the Ukraine conflict.

The article discusses the challenges facing the Russian economy after four years of war while highlighting the political maneuvering of Slovak Prime Minister Robert Fico as he prepares for upcoming elections.

Slovakia's Ministry of Economy announced that Russian oil supplies through the Druzhba pipeline via Ukraine are expected to resume on Thursday after a delay.

The Slovak Ministry of Economy announced that Russian oil supply via the 'Druzhba' pipeline through Ukraine is expected to resume on Thursday.

The article discusses the catastrophic results of Putin's invasion of Ukraine, marking four years of the war characterized by significant Russian military losses and economic struggles.

The article discusses how four years of Russian occupation have led to severe economic decline in Eastern Ukraine, particularly in Melitopol, where local industries have collapsed and workers struggle to survive.

The article discusses the deteriorating state of the Russian economy and living standards after four years of conflict, highlighting significant budget deficits and declining oil and gas revenues.

The article examines the ongoing conflict in Ukraine, its economic toll, and the lived experiences of Ukrainians over four years of war.

A new report indicates that Ukraine requires 588 billion dollars to rebuild after damage caused by the Russian invasion, nearly three times the country’s annual GDP.

The World Bank estimates that rebuilding Ukraine's economy and infrastructure, devastated over four years of Russian invasion, will cost approximately US$ 588 billion (R$ 3 trillion) over the next decade if the war were to end now.

A recent report states that Ukraine needs $588 billion for its reconstruction following nearly four years of the Russian invasion.

The Russian economy is artificially maintaining growth through military spending amidst high inflation and other destabilizing factors, while facing the effects of Western sanctions and changes in the global oil market.

The article discusses the internal struggles of Putin's regime amid the ongoing pressures of the Ukraine war and its impact on Russian society and the economy.

EU ambassadors could not agree on a proposed 20th sanctions package against Russia, particularly concerning a full ban on maritime services for Russian oil tankers.

A Russian envoy has dismissed a report claiming that Russia offered a $12 trillion deal to the US in exchange for sanctions relief as 'fake news'.

The Gulf of Finland is experiencing more ice than it has in over ten years, impacting Russian exports significantly, with potential severe consequences for the country's economy if traffic halts completely.

Russian military instructors are repairing a damaged transport corridor in the Central African Republic to improve local connectivity.

Russian companies have significantly reduced job vacancies due to worsening economic conditions, with a noted increase in unemployment rates.

Russian officials are warning President Putin that the country's economic situation is deteriorating rapidly, with a potential financial crisis looming in the coming months.

Russian metallurgists are facing mass job losses as the industry struggles, prompting calls for tax relief from the government.

The Russian central bank has unexpectedly reduced its key interest rate for the sixth consecutive time, now at 15.5%.

Russia's economy grew by only 1% last year, a significant drop from the anticipated growth of 4% in 2023 and 2024, leading to new government strategies in response to rising inflation and high military expenditures in Ukraine.

The Russian Central Bank has reduced its key interest rate to 15.5%, indicating confidence in a recovering economy despite recent inflation challenges.

The Russian Central Bank has reduced its key interest rate to 15.5%, indicating a shift towards a more balanced economy despite recent inflationary pressures.

Former NATO Secretary-General Anders Fogh Rasmussen urges European countries to transition their economies to a wartime footing in response to potential Russian aggression.

Cuba is facing a deepening economic crisis exacerbated by increased U.S. sanctions and an oil embargo, leaving thousands of Russian tourists stranded on the island.

The article discusses how Western sanctions and Kremlin policies are isolating the Russian economy from global markets, leading to a reduction in foreign goods available.

Kaupo Rosin from Estonia's Foreign Intelligence Service stated that Russia's economy is in a poor state and is increasingly vulnerable to sanctions despite its attempts to project strength.

Russian wages are rapidly increasing due to a significant labor shortage and low unemployment rate, but this is creating challenges for businesses amidst a declining economy.

The Friedman Institute opposes additional EU sanctions on Russian fertilizers, arguing that they harm European farmers and the economy without aiding the conflict resolution in Ukraine.

The article discusses the economic toll the Ukraine war has taken on the Russian population, highlighting increased prices and reliance on discounts in supermarkets.

Khanty-Mansiysk, a key oil-producing region in Russia, faces significant challenges in maintaining its economic prosperity amidst the ongoing war in Ukraine.

Ukrainian President Volodymyr Zelensky revealed that Russia allegedly proposed a $12 trillion economic cooperation package to gain support from American President Donald Trump amid talks for ending the war in Ukraine.

Indian oil refiners are no longer accepting offers from entities trading in Russian oil, which could severely impact Russia's economy and military funding.

The article discusses the pressures on Russia due to Elon Musk cutting off Starlink internet access, declining oil and gas revenues, and the ramifications of the Epstein scandal on Russian elites.

Ukraine has intensified its drone and missile attacks on Russian energy infrastructure, putting pressure on Moscow's war financing.

Ukrainian drone and missile attacks on Russian energy facilities are increasing economic pressure on Moscow, with over 160 attacks reported in a year.

A study reveals that various crises since 2020 have cost the German economy almost one trillion euros due to factors like the COVID-19 pandemic, the Russian invasion of Ukraine, and the confrontational U.S. policies under Donald Trump.

The Guardian highlights that signs of a severe downturn in the Russian economy are becoming apparent as it faces significant challenges amid ongoing geopolitical tensions and economic pressures.

According to the Russian Ministry of Finance, the budget deficit surged to 1.7 trillion rubles in January, almost half of the Kremlin's annual deficit target, due to a 50% drop in oil and gas revenue and falling prices for Russian oil.