Blog posts tagged by tag: Russia
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How will Russia’s gas shutoff affect the EU economy?
In our latest insight piece, we examine the likely impact of Russia’s decision to suspend gas supplies via the Nord Stream 1 pipeline.
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Russia-Ukraine War Impact on Energy Prices
Russia’s invasion of Ukraine has wreaked havoc on the global energy market. Russia is the second-largest producer of natural gas and the third-largest producer of crude oil globally, and fears of supply disruptions due to direct damage to pipelines and international sanctions, coupled with possible Russian retaliation, sent prices for energy commodities soaring. In turn, our panel of analysts revised their oil and gas forecasts upwards notably in early March.
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From one crisis to another: Russia's economy can't catch its breath
Tensions between NATO and Russia have reached boiling point yet again in recent months, due to the country’s longstanding spat with Ukraine. Russia has surrounded the Ukrainian border with roughly 100,000 troops, forcing a bilateral meeting with the U.S. in Geneva this week in an attempt to deescalate tensions. The U.S. authorized significant military aid to Ukraine in December and has said it will levy fresh sanctions on the Kremlin if it invades. Although it still remains uncertain whether Putin will order an invasion, Russia appears to have made a significant investment, laying the ground work for a large-scale military operation.
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Elections in Russia: Analysis and Implications
With elections in Russia just around the corner, we interviewed Consensus Forecsat panelist Dmitry Polevoy, Chief Economist for Russia and the CIS region at ING, on the potential outcome and implications.
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Russian economy update in wake of OPEC deal announcement
On 27 September, the Organization of the Petroleum Exporting Countries (OPEC) reached a preliminary deal on restricting crude supply in order to support prices. The OPEC deal, which had been mooted as a possibility since February, was the first such agreement in nearly 8 years.
The announcement of the deal appeared to improve market sentiment, as global oil prices jumped 6% right after the announcement and headed towards USD 51 per barrel in the first few days of October.
The oil production deal is good news for Russia, one of the hardest hit economies by the drop in oil prices observed in the last few years.
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The Russian Economy Explained – A 3-Part Series (Part 3)
Originally posted in November 2015. Updated in November 2016.
The final installment of our three-part series on Russia consists of an examination of their current monetary policy, exchange rate policy, and fiscal policy.
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The Russian Economy Explained – A 3-Part Series (Part 2)
Originally posted in October 2015, Updated in November 2016.
In part two of a three part series on the economy of Russia, we cover Russia’s Balance of payments and detail their exports and imports and how they are currently impacting the economy.
Before starting part 2, If you missed it, check out Part 1 on Russia’s economic profile, which gives an overview of Russia’s economy starting from the fall of the Soviet Union until present day including analysis of assets, risks, economic growth, and inflation.
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The Russian Economy Explained – A 3-Part Series (Part 1)
Originally posted in October 2015. Updated in November 2016.
FocusEconomics presents a 3-part series on the economy of Russia. In Part 1, we provide an overview of Russia’s economy from the time of the dissolution of the Soviet Union until 2015, detailing the assets and risk factors from an economic perspective as well as analysis and forecasts for GDP and inflation in the near-term.
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FocusEconomics Speaks to Russia Today Regarding Ukraine Crisis
Russian English-language television channel Russia Today recently interviewed FocusEconomics’ Economist Angela Bouzanis about the dire economic situation in Ukraine. Ukraine has had a torrid time over the last year with the military conflict with Russia and now their economy is suffering immensely. Ukraine has been granted foreign aid packages from the West to help their floundering economy, but high inflation, currency devaluation and soaring energy tariffs persist with no signs of improvement.
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How does the IMF’s latest quarterly global outlook compare to forecasts from over 30 of the world’s leading economists?
The World Bank just released its updated World Economic Ooutlook. We compared the IMF forecasts for 10 countries including, the USA, Russia, Japan, India, China and Brazil, to our own Consensus Forecasts from our panels of 30+ economic institutions. See how the forecasts stack up in our interactive infographic: http://bit.ly/1wnASjo
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How will Russia’s gas shutoff affect the EU economy?
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Featured Posts
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What is the outlook for Sub-Saharan Africa’s economy?
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Brazil elections: What’s in store for Latin America’s largest economy?
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Will Italy be the first target of the ECB’s new anti-fragmentation tool, the TPI?
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What does the U.S.-China tussle over Taiwan mean for the global economy?
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Why does Latin America have a growth problem?
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Why is OPEC struggling to raise oil output?
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Fed hikes rates: How high will rates go in 2022?
Twitter @FocusEconomics
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Quickly and easily compare the latest forecasts for more than 200 economies and over 30 commodities prices across a… https://t.co/v3NF2fHdzJ
6 hours ago
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The UK has been buffered in recent days by a tumbling pound and spiking bond yields. In our latest insight piece, w… https://t.co/XhK7bhkxsB
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Global inflation will be at a multi-decade high this year, although forecasts vary wildly from country to country,… https://t.co/PjV4g9LvO4
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Elevated commodity prices, supply constraints and tight labor markets have spurred global inflation to its current… https://t.co/Bbhrm8gUpJ
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Our analysts' forecasts for average 2022 Euro area inflation have risen uninterruptedly so far this year, and now s… https://t.co/0eTYsBY7V9
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