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

Russian President Vladimir Putin is grappling with inflation that has seen the price of various food products increase ...

F or MORE than two years most Russian businesses carried on unscathed by the war in Ukraine. A surge in defence spending and ...

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

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 ...

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

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

"Russia cannot continue waging the current war beyond late 2025, when it will begin running out of key weapons systems." ...

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