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

A top Russian banker said last week that he expects Russia's economic growth to slow next year.

The Kremlin’s seemingly endless war has persuaded Russian business elites to seek short-term profit in an overheated economy ...

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

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

Russian President Vladimir Putin has approved a record-breaking defense budget, setting aside a staggering third of the ...

The Russian rouble will strengthen when temporary speculative factors and market nervousness are gone, but the economy will ...

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

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

Foreign Secretary David Lammy sought to pile the pressure on today by unveiling sanctions against 30 ships in Russia's ...

"Bus number seven was not running this morning," Olga Slatina wrote on social media from the Sverdlovsk region in Russia's ...

Vladimir Putin has close ties with Transneft and the company's leadership and strategy have long been shaped by Kremlin ...