Russia's National Wealth Fund reserves fell by 1.22 trillion rubles (some $11.7 billion) in December 2024 compared to the previous month to 11.88 trillion rubles (around $116 billion). The Russian ...
TASS/. The volume of the National Wealth Fund as of January 1, 2025, amounted to 11.88 trillion rubles ($116.04 bln), or 6.2% of the GDP projected for 2024, according to the Russian Finance ...
Russia is running out of money and could lose its ability to continue funding its war with Ukraine, according to a top economist.
As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war.” ...
Russia is facing a critical challenge to its war effort in 2025: The nation is quickly running out of cash, with financial reserves potentially running out before the end of the year, one European ...
Russia could run out of liquid reserves as soon as this fall, one European economist has said. The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021. Limited ...