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Crisis in Russia, Economy & Business

Putin admits that the Russian economy is spiraling

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In a rare moment of candor, Putin acknowledged that the Russian economy is under severe strain. Even “official” inflation data remains stuck above 10%, GDP growth is slowing sharply, and liquidity is vanishing from the system. At a recent economic meeting, the Kremlin admitted that bank lending is collapsing— business loans shrank by 680 billion rubles in Q1 2025, while personal loans dropped another 192 billion. Construction and infrastructure projects are being hit especially hard.

Putin admits that the Russian economy is spiraling Read Post »

Alabuga Drone factory in Tatarstan, Russia
Crisis in Russia, War

Ukraine Pounds Drone Complex Deep in Russia

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Alabuga Drone factory in Tatarstan, Russia Ukraine continues to strike deep into the heart of Russia’s war machine, today with a near distance record, hitting their main drone assembly manufacturing base. According to local Russian reports, the facility-in-question is located in Elabuga, Tatarstan. That’s roughly 1110 km from the Ukrainian border in the north-east. It is said to produce copies of Iran-made Shaheds that the Russians have rebranded to “Geran-2”.

Ukraine Pounds Drone Complex Deep in Russia Read Post »

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Crisis in Russia, War

Putin’s Spox Says He Doesn’t Want To Stop War

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Putin’s spox Dmitry Peskov Russian dictator’s spox Dmitry Peskov has rejected the FT claim that his employer has agreed to cease hostilities and proposed this solution to U.S. President’s special envoy Steve Witkoff during a meeting in St. Petersburg. “There are a lot of fakes being published right now,” Dmitry Peskov said in an interview with RIA Novosti. He noted that even respected publications sometimes publish fakes.

Putin’s Spox Says He Doesn’t Want To Stop War Read Post »

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Crisis in Russia, Economy & Business

More Bad News For Russia as Oil is doomed to go Much lower

The perfect storm has begun in the global oil industry – enough to strop Putin? Crude oil prices have dropped sharply, and the forces driving the decline suggest the market could have further to fall. Saudi Arabia’s recent decision to raise oil production, combined with rising global trade tensions, is pressuring both supply and demand in ways that risk deepening the downturn. Last week, Saudi Arabia led an unexpected push to increase OPEC+ output— timed just hours before the U.S.

More Bad News For Russia as Oil is doomed to go Much lower Read Post »

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Crisis in Russia, Economy & Business

Russia’s Two biggest auto manufacturers enter state of collapse

Russia’s auto industry has entered a full state of collapse with the country’s flagship KAMAZ truck company reporting 2024 earnings down a stunning -96%. March sales at the maker of Lada (AvtoVAS) down -33%, and overall Russia car market hitting -44% year-over-year. Russian Auto Industry in Freefall, as both AvtoVAS and KAMAZ Report Stunning Declines with KAMAZ 2024 profit down -96% and LADA March sales down -33% year-over-year and total auto market sales down -44%.

Russia’s Two biggest auto manufacturers enter state of collapse Read Post »

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Crisis in Russia

Ukrainian forces Strike humiliating blow on Engels Airbase

Ukraine’s early morning strikes on Russia’s Engels-2 airbaase caused blastwave damages even 2 kilometers from the pojnt of impact. In today’s early hours, Ukrainian forces launched a significant drone assault on Russia’s Engels-2 Airbase, a key hub for strategic bombers in Saratov Oblast. Home to the Tu-95 and Tu-160 aircraft— both crucial in Moscow’s missile campaigns against Ukraine— the base represents a critical pillar of Russia’s long-range strike capabilities.

Ukrainian forces Strike humiliating blow on Engels Airbase Read Post »

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Crisis in Russia, Economy & Business

Russia’s largest coal mines continue closing, unable to pay workers

Russia’s main coal producing region faces certain collapse as sanctions, mismanagement and theft lay waste to one cornerstone of the Russia economy. We’ve mentioned it in previous articles HERE, HERE and HERE and it’s only getting worse. Russia’s coal industry— a cornerstone of its energy sector, is now collapsing at break-neck speed.

Russia’s largest coal mines continue closing, unable to pay workers Read Post »

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