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

BRICS finance ministers make unified proposal for IMF reforms - Reuters
Finance ministers from the BRICS group of developing nations called on Saturday for reform of the International Monetary Fund, including a new ...
>> Read more here

Money blog: What happens to your pension when you die' - Sky News
Welcome to the Money blog, Sky News' personal finance and consumer hub. Our weekend feature answers a question several readers have asked us: what ...
>> Read more here

Ethereum Touted as 'Foundational Layer for Global Finance' by Firm With $500M ETH Bet
ETH stabilizes above $2500 as SharpLink Gaming reiterates its treasury strategy and says Ethereum is becoming finance's foundational layer.
>> Read more here

5 Books to Help You Build a Bigger Nest Egg'and Have a Successful Retirement - WSJ
Personal Finance · Taxes · Health · Style · Sports · Print Edition ... https://www.wsj.com/personal-finance/retirement/retirement-books-finances- ...
>> Read more here

Scotland's finances are surrounded in mystery ' for everyone - The Times
In a recent inquiry by Holyrood's finance and public administration committee into the budget process in devolved Scotland, Professor Mairi Spowage of ...
>> Read more here

EV vs Hybrid vs Gas: Which Saves More Money Over 10 Years' - Autoblog
Hybrids still save you money in 2025. Compare total ownership costs of hybrids, EVs, and ICE cars to find when full electrification pays off.
>> Read more here

I guess money does talk : r/singularity - Reddit
277 votes, 38 comments. If someone offered you enough money for not just you, but for your entire family for generations, just to do the same ...
>> Read more here

Money blog: What happens to your pension when you die' - Sky News
Welcome to the Money blog, Sky News' personal finance and consumer hub. Our weekend feature answers a question several readers have asked us: what ...
>> Read more here

Prince Harry And Meghan Are Reportedly Reducing Staff To 'Save' Money Amid Luxury Lifestyle
Prince Harry and Meghan Markle have reportedly scaled back the size of their household staff in an effort to save money.
>> 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