The growth rate of the Russian economy increased last year, while inflation remained low, the World Bank said in its 2019 World Economic Outlook. “Although economic sanctions tightened, Russia experienced relatively low and stable inflation and increased oil production. [...]

All things considered, politically and economically, the US economy isn't doing as well as mainstream media would like Americans to think, and it couldn't be clearer when reviewing the US Labor Department's latest report on unemployment, Dr. Richard Wolff, economist and professor at the New School University, tells Sputnik. [...]

Amid growing uncertainties on the global oil market, Japan is looking to boost its energy cooperation with Russia, and international sanctions on Moscow don’t prohibit cooperation. [...]

Despite years of Western sanctions, Russia will become the world’s fifth-largest economy as early as next year, surpassing Germany and the UK, multinational bank Standard Chartered said in its long-term growth forecasts. [...]

Although the latest US jobs report did indicate that 312,000 new non-farm jobs were added to the economy in December of 2018, it should by no means suggest that the US economy is functioning in a perfect manner, Richard Wolff, professor of economics emeritus at the University of Massachusetts, Amherst, told Sputnik. [...]

Russian President Vladimir Putin recently indicated that Washington was "making a colossal strategic mistake" by "undermining confidence in the dollar" amid Russian plans to reduce the country's dependence on the US currency in global trade. [...]

The sell-off wave that has hit US equities this week is also affecting the world’s other economies, veteran trader Jim Rogers has told RT. The investor is predicting a ‘very bad’ bear market ahead. America is [the] largest debtor nation in the history of the world and the largest economy in the world. [...]

The Russian Finance Ministry has announced a plan to wean the country of dollar dependence. It is expected to be a long and painful process. RT has asked analysts to explain how this could be done. According to the plan published this week, Russia seeks to de-dollarize the economy by 2024 [...]

Trade wars between the United States and China could benefit Russia, according to the Russian Economic Development Minister Maksim Oreshkin. With tariffs growing, Russia could substitute American goods in China and India. These trade wars, these difficult relations between the United States and its trading partners is, first of all, an opportunity that opens on those markets. [...]

The gold accumulated by China and Russia could be seen as part of a strategy to move away from international trade denominated in US dollars, according to Singapore’s BullionStar precious metals expert Ronan Manly. Manly exclusively told RT that there is a shift occurring regarding the two countries building up their gold reserves, to perhaps returning to gold-backed currencies in the future an [...]

The Chinese economy just pushed past the US to become the world’s largest economy (at least according to purchasing power parity). Although long expected by many experts, the Asian powerhouse’s snatching of the top spot has taken some by surprise. Euro Pacific Capital President Peter Schiff speaks with RT’s Ben Swann on why the US is now number two. China overtakes US as world's large [...]

Anti-Russian sanctions have achieved nothing other than placing a significant burden on the German economy, prime ministers of two German federal states have argued, calling on fellow regional leaders to demand their lifting. [...]

Vladimir Putin was first elected as Russian President in 2000. Here’s how the Russian economy has transformed in the intervening years by numbers. Before Putin’s election, Russia had a $9,889 GDP per capita by Purchasing Power Parity (PPP). [...]

The Russian economy has recovered and is growing, according to President Vladimir Putin. Last year, Russian GDP grew after the recession of 2015 and 2016. The positive dynamic in the Russian economy goes on. We have a lower than expected budget deficit; our gold and foreign exchange reserves are growing.   [...]

Russian Minister of Economic Development Maxim Oreshkin said Wednesday that Russia's national currency, the ruble, should be supported because a "big trend toward the de-dollarization" of the country's economy is growing at a steady pace. [...]

The Russian government is taking steps to reduce the value of transactions using the American currency in the country, according to Economic Development Minister Maksim Oreshkin. “There is a big trend toward the de-dollarization of the Russian economy.  [...]

The sanctions regime has given a big boost to the Russian economy, especially in agriculture. It is a very, very strong growth industry right now. It pushed the Russians together with the Asians, investor and financial commentator Jim Rogers told RT. [...]

A report published by leading consulting firm PricewaterhouseCoopers (PwC) points to a significant tectonic shift in the global economy in the years leading up to 2050 - China will supplant the US as the world's largest, and Russia will rise to supremacy in Europe. The report, The Long View, ranks 32 countries based on their projected 2050 GDP by Purchasing Power Parity, finding China's GDP w [...]

Over the next three decades, the global economy will be dominated by China, and the US economy will lose steam and fall behind India, says consulting firm PricewaterhouseCoopers (PwC). Russia will become the leading European economy ahead of Germany, UK, and Italy with GDP of $7 trillion, according to a PwC report. [...]

The Russian economy and the financial sector are quite stable despite falling oil prices, a weaker ruble and sanction’s pressure, said Russian Prime Minister Dmitry Medvedev at the Asia-Pacific Economic Cooperation (APEC) Summit on Wednesday.   [...]

The Central Bank of Russia is taking effective steps to stabilize the national currency and the economic situation as a whole, according to the Deputy Managing Director of the International Monetary Fund (IMF) Min Zhu. “I think the Russian Central Bank is reacting adequately to the current situation,” the banker said at a conference on doing business with the BRICS countries in Washington o [...]

The laws of the global economy should be written by the United States and not by the likes of China according to President Obama, as concern over China's influence is growing. Washington hopes a Pacific free trade pact will curb Beijing's investment bank. "When 95 percent of our potential customers live abroad, we must be sure that we are writing the rules for the global economy, not a country [...]