Tag: Ruble (Currency)

‘Russia Outside Russia’: For Elite, Dubai Becomes a Wartime Harbor

In the exclusive neighborhoods and palatial shopping malls of the United Arab Emirates’ biggest city, wealthy Russians can build a new life without having to cut ties to their home country.

Russia’s Economy Contracts Sharply as War and Sanctions Take Hold

The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.

U.S.-Led Alliance Face Frustration Over Russia Sanctions

Vladimir V. Putin is making gains in his war on Ukraine while the United States and its allies struggle with soaring energy prices and inflation.

McDonald’s Is Back, Moscow Style, as Russian Economy Stumbles On

The reopening of the fast-food stores under Russian ownership (and with a new logo) illustrates the economy’s surprising resilience in the face of intense sanctions, though tough times lie ahead.

U.S. Eyeing Russian Energy Sanctions Over Ukraine War, Officials Say

The revenue powers Vladimir V. Putin’s war machine in Ukraine. But plans for new U.S. sanctions could create problems with China, India and other major buyers.