It comes as businesses and consumers across Russia grapple with the effects of spiralling inflation and high interest rates.

Vladimir Putin is facing an economic nightmare as Russia's positive balance of payments - the total income of money from ...

The European Union has now targeted Moscow’s fleet of covert oil tankers and plans more restrictions, as the Trump ...

Russia’s economy has gone through cycles of boom and bust, from its Soviet-era strength to modern-day struggles under ...

BRUSSELS (Reuters) -The Russian economy is in an increasingly precarious state as a result of a shift to a war mode and of ...

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of ...

The company Rostselmash said on Friday it had to suspend production from June and cut costs since farmers lack money to buy ...

As the full-scale war in Ukraine rages on for its fourth year, and Moscow’s defense and security spending continues at levels ...

The Kremlin has withstood pressure for an immediate cease-fire as a precondition for peace talks, but the Russian president’s ...

Kherson region. Late on May 18, Russian shelling of residential areas in Ukraine’s southern oblast, or region, of Kherson, ...

Russia's economy is experiencing a sharp slowdown in growth, according to a report released by the governmental statistics ...

Donald Trump has left Kyiv and Europe feeling abandoned after making clear the US wants to disentangle itself from negotiations between Russia and Ukraine, and let the warring nations duke out peace ...