Russia’s economy is facing a looming crisis as the war in Ukraine nears its fourth year. Crippling inflation, a severe labor ...

Finance Minister Anton Siluanov reported that Russia anticipates a 1.5% growth rate in 2025, down from previous projections.

Russia's economy has undergone significant changes in recent years, evolving in response to both internal reforms and ...

The attacks disrupted Moscow's oil processing and exports, and created gasoline shortages in some parts of Russia.

Russians are likely to face higher taxes as the burden on the budget grows and the Central Bank of Russia says that "the ...

International firms could effectively be bankrolling 1 million Russian soldiers through taxes paid in the country, a report ...

Economy minister Maxim Reshetnikov has also admitted that Russia is "on the brink" of recession, while domestic banks have ...

In July, Russia collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago.

US President Donald Trump said on Tuesday (Aug 26) he is prepared to impose economic sanctions against Russia if its ...

Wholesale prices on the St Petersburg International Mercantile Exchange for A-95 petrol - the highest octane - spiked to ...

"We also think there's a significant probability of Russia's economy slipping into a technical recession in the coming ...

U.S. President Donald Trump said Tuesday that Washington and Moscow will enter “an economic war” if the war in Ukraine ...