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

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

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" ...

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 ...

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

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

Russian President Vladimir Putin has denied that Russia has exchanged “butter for guns” and blamed the price rises on ...

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

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