The Russian economy is in crisis as Vladimir Putin's labour force runs dry, with the country's central bank warning that ...

Even mayonnaise at the holidays this year will be 13.5 per cent more expensive, while the real savings of citizens are ...

Russia central bank's decision to raise interest rates to record highs to curb inflation caused by the Ukraine war has left ...

Putin called for "coordinated joint efforts" from the Russian government and the central bank to curb inflation.

Businesses are crippled by extensive labour shortages. Soaring inflation has prompted Russian supermarkets to keep butter in ...

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

Another key interest rate hike is possible at the central bank's Dec. 20 rate-setting meeting, but such a decision is not pre ...

Our columnists write how the house of cards that Vladimir Putin has so carefully stacked is folding before our eyes ...

Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022, in the early days of the war against ...