Vladimir Putin, is the current President of the Russian Federation, holding the office since 7 May 2012. During Putin's first period of presidency, the Russian economy grew for eight straight years, and purchasing power for his people increased 72%. The growth was a result of high oil prices, 2000s commodities boom, and prudent fiscal and economic policies.

Putin has said that overcoming the consequences of the world economic crisis was one of the two main achievements of his second term as Russian President. The other was the stabilizing the size of Russia's population between 2008–2011 following a long period of demographic collapse that began in the 1990s. But the economic development of Russia experienced a significant setback due to the sanctions and the concurrent fall in the world price of oil.

The IMF has estimated that about half of the decline in GDP in 2015 was due to sanctions and Russia's ban on imports in response.

The continued financial crisis began in the second half of 2014 when the Russian ruble collapsed due to a decline in the price of oil and international sanctions against Russia. These events in turn led to loss of investor confidence and capital flight. Russia responded with its own sanctions against the West. Additionally, to compensate for the sanctions, Russia developed closer economic ties with Eastern countries. In October 2014, energy, trade and finance agreements with China worth $25 billion were signed. The following year, a $400 billion 30-year natural gas supply agreement was also signed with China.

Latest news on Putin & the Economy

WWE SmackDown results, live blog (July 1, 2022): Money in the Bank go home
Follow along with this week's episode of SmackDown, featuring all of the Money in the Bank ladder match participants going face to face, and more!
>> Read more here

Coffee company, Amazon unite to raise money for veterans - Daily Herald
Coffee company, Amazon unite to raise money for veterans. By Kelcie Hartley - | Jul 1, 2022.
>> Read more here

how to make money as a new rapper - Senders Pediatrics
No Orcs remained alive their bodies were uncounted But a great many of the hillmen had given themselves up and they were afraid, and cried for mercy.
>> Read more here

On The Money ' Congress eyes powerful cartels driving prices higher | The Hill
Welcome to On The Money, your nightly guide to everything affecting your bills, bank account and bottom line. For The Hill, we're Sylvan Lane, ...
>> Read more here

EUR/USD Forex Technical Analysis ' Pressured by Pessimism about Outlook for Global Economy
Forex (or FX or off-exchange foreign currency futures and options) trading involves substantial risk of loss and is not suitable for every investor.
>> Read more here

Best Forex Brokers in Algeria - Business24-7
AVAtrade takes the first place as the best forex broker for Algerian traders. They have a intuitive and sophisticated trading platform and mobile ...
>> Read more here

Euro-area inflation: Records are meant to be broken | Forex Factory
Euro-area inflation hit yet another record and more will be in store in the coming months. Price pressures have become broad-based and despite ...
>> Read more here

FOREX-Dollar boosted by safety bid on rising recession fears - Nasdaq
Pessimism about the global economic outlook boosted demand for the safe-haven U.S. dollar on Friday while the Australian dollar, ...
>> Read more here

Obama and the economy
Obama economy
Putin and the economy
Putin economic
Greenspan Economics
Alan Greenspan economics
The FED and the economy
Federal Reserve economy
International Monetary Fund
IMF economics
World Bank & the economy
World Bank economy
Deutsche Bank
Deutsche Bank economy
European Union economy
European Union economy
China economy
China economy
NAFTA and the economy
NAFTA and the economy
GOLD in the economy
GOLD in the economy
SILVER in the economy
SILVER in the economy