Russia's economy is facing mounting strain from its war in Ukraine and sanctions. Read more at straitstimes.com. Read more at straitstimes.com.

Russia's economy is facing mounting strain from its war in Ukraine and sanctions. Read more at straitstimes.com. Read more at straitstimes.com.

Russia's GDP fell 0.3%-0.5% in Q1 2026, its first contraction in three years. VAT hikes, labor shortages, and high rates drove the miss.