Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top ...

Putin has a long list of economic concerns. So we asked the experts: What is the Russian economy's greatest vulnerability?

Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...

The country has "failed" as an arms exporter, with a leading Putin ally warning the defence sector faces mass bankruptcies ...

Russia's sanctions-hit, militarized economy is expected to slow next year and banks' profits will fall, while the benchmark ...

However, falling energy prices and tighter sanctions in 2023 caused a drop in Russia’s export revenue. The G7 countries, the ...

Russia's newly approved budget reveals a record-high allocation for defense spending, signaling an intensified commitment to ...

The Russian currency has hit a two-year low against the U.S. dollar, reaching 107 on Tuesday, as sanctions continue to hit ...

The measures that urgently need to be undertaken include making improving updates to the oil price cap mechanism, blocking ...

President Vladimir Putin said there isn’t any reason for Russians to panic after the currency fell to its lowest level since ...

A Russian newspaper warned that rampant inflation is hurting the economic well-being of ordinary Russians as pressure grows ...

Despite a raging war, both Russia and Ukraine have seen economic growth in 2024 — about 3.6% for Moscow and 3% for Kyiv — ...