Tue, 21-Oct-2025

Russian Rubble: Russia is on the verge of a financial meltdown as sanctions hammer its economy

Russia's economy

Russia was scrambling Monday to avoid a financial meltdown as its economy was slammed by a slew of crippling Western sanctions imposed over the weekend in response to Ukraine’s invasion. President Vladimir Putin was scheduled to hold crisis talks with his top advisers after the ruble fell to a record low against the US dollar, … Read more