Ukraine has stepped up drone attacks on Russian oil refineries and exporting infrastructure, striking the most important ...

The Russian invasion of Ukraine has had a profoundly negative impact on Ukraine, as well as on the global food, financial, ...

Two months after the breathtaking Operation Midnight Hammer strikes against Iran's nuclear facilities and the ceasefire with ...

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

Russia-China trade is slowing: on-year growth fell to 2% in 2024 versus 29% in 2022.

President Donald Trump is willing to “crush” Russia's economy with sanctions if Russian President Vladimir Putin refuses to ...

Republican insists sanctions could become necessary to punish Kremlin leader for snubbing diplomatic discussions on ending ...

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

As a result of the ongoing wealth destruction, the adverse effects of the war on Russia’s economy are becoming increasingly ...

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

Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy ...

By Ben Aris in Berlin Russia’s economic problems are getting worse. The economy narrowly avoided a recession in the first ...