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 ...

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

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

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

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

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

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

The reports come after years of crippling sanctions on Russia after Vladimir Putin launched a full-scale invasion of Ukraine.

The Russian ruble has experienced a sharp fall in value against the U.S. dollar, weakened in recent days by the U.S. Treasury ...

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

The lead story on the front page of Tuesday's edition of Moskovskij Komsomolets, a major state-run newspaper in Moscow, is ...