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”.

Financial News

Arcadia Finance users reimbursed by DeFi hack insurance

BB Finews

France’s Rassemblement National party backs Bitcoin mining with nuclear energy

BB Finews

Hyperliquid reimburses $2M to crypto traders after API outage

BB Finews

Monero takeover disrupted by alleged DDoS attack on Qubic mining pool

BB Finews

Pump.fun hits lowest monthly revenue in 2025 as memecoins lose steam

BB Finews

Crypto funds see $223M outflow, ending 15-week streak as Fed dampens sentiment

BB Finews

ECB: Cash is ‘here to stay’ even as digital euro advances

BB Finews

GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam

BB Finews

Verb stock soars 200% after announcing TON treasury plan

BB Finews
  • Page 53

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