Russia's key interest rate was raised to 21% in October, but that might not be an effective tool in fighting inflation, a top ...
Chinese credit institutions do not want to go into business with Russian banks under sanction, Russian newspaper "Izvestia" ...
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 ...
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 Russian currency has plummeted to its lowest level since the start of Vladimir Putin's full-scale invasion of Ukraine.
A Russian newspaper warned that rampant inflation is hurting the economic well-being of ordinary Russians as pressure grows ...
Russian President Vladimir Putin has denied that Russia has exchanged “butter for guns” and blamed the price rises on ...
Despite a raging war, both Russia and Ukraine have seen economic growth in 2024 — about 3.6% for Moscow and 3% for Kyiv — ...
With the fate of further U.S. support for Ukraine, and thereby the future of the country, up in the air as Donald Trump ...