top of page

Vladimir Putin’s money machine is sputtering

Vladimir Putin’s money machine is sputtering
Published date:
Source:
BB Finews
8/9/25, 6:46 AM

FROM KALININGRAD to Vladivostok, something has changed. A high-frequency index produced by Goldman Sachs, a bank, suggests that, since the end of last year, Russia’s annualised GDP growth has fallen from around 5% to about zero (see chart). VEB, the Russian development bank, finds similar trends in its estimate of monthly growth. A measure of business turnover compiled by Sberbank, Russia’s largest lender, has dipped. Although more circumspect, the government acknowledges that something is up. In early April the central bank noted that recently “a number of sectors recorded lower output because of plummeting…demand”.

BTC News

Harvard endowment invests $116M into BlackRock Bitcoin ETF

BB Finews

The jury’s journey to the Roman Storm verdict

BB Finews

Crypto Biz: Has SEC’s Project Crypto been priced in?

BB Finews

VC Roundup: Bitcoin DeFi surges, but tokenization and stablecoins gain steam

BB Finews
  • Page 70

Disclaimer:

This article is an original work by BBFinews, with copyright owned by Jinse Finance. Unauthorized reproduction is prohibited. Authorized media must indicate: “Source: BBFinews” when using this content. Violators will be held legally accountable.

 

Risk Warning:

Investment involves risks. Please exercise caution when entering the market. This content does not constitute investment or financial advice.

bottom of page