Is Russia’s Economy Slowing or Stalling?

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In this edition of newsletter delivered from the Editor’s desk, we’re looking at the cover story “Is Russia’s Economy Slowing or Stalling?” followed by the ‘Need for China’s Economy to Bulk Up’ and ‘AI Chip Wars Continue’. The world brief enclosed along with this newsletter contains the most pressing international news catching you up with the past 24 hours in 5 minutes.

Cover Story

Data released on Wednesday will help answer an important question: is Russia’s economy slowing or stalling? In the three years since the country invaded Ukraine, its economy has held up better than most observers had expected. Unemployment fell to just 2%. GDP growth has been decent due to oil exports, which were strong despite Western sanctions. Russian consumers benefited from the knock-on effects of an enormous boost to spending on defence, welfare and infrastructure. But that could now be changing. In late 2024 the West tightened its financial infrastructure and oil trade.

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Image Credit – Atlantic Council

About the Author

Anirudh Phadke is the Founder/Editor of The Viyug. He is currently serving as a Member of the Board of Studies (BoS) for the Department of Defence & Strategic Studies at the Guru Nanak College (Autonomous). He previously worked for International Criminal Police Organization (INTERPOL). Anirudh holds a Master of Science in Strategic Studies along with a Certificate in Terrorism Studies from S. Rajaratnam School of International Studies (RSIS) at Nanyang Technological University (NTU). He completed Bachelor’s degree in Defence & Strategic Studies from Guru Nanak College (Autonomous).

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