Russian lawmakers endorsed new tax hikes on Tuesday as Moscow looks for new revenue sources to boost its economy during its ...

The Russian economy is effectively entering a phase of structural slowdown. Its growth rates remain below the level needed to ...

OANDA reports that Western sanctions on Russia have failed to collapse its economy, leading to de-dollarization and advanced ...

Russia's economy will not recover anytime soon from sweeping sanctions imposed by Western nations over its war in Ukraine, ...

Russia's largest silicon plant, Kremniy, will shut by January 1 as cheaper imports undercut domestic production, dealing ...

Russian economic growth was close to zero in the third quarter, the state statistics agency said Friday, as the costs of the ...

Russian businesses are struggling to make ends meet and are fighting for their existence, as the economic crisis intensifies.

Russia plans to increase VAT to 22% from January 1, 2026, but this will not lead to an increase in budget revenues, but will ...

After years of growth fueled by military spending, Russia’s economy is slowing. Oil revenue is down, budget deficit is up, ...

That's because policymakers have timed interest rate hikes "very poorly," a new report says. Russian inflation could hit 5.6% this month, the nation's own economists forecasted. Russia's economy is ...

John Rapley is an author and academic who divides his time among London, Johannesburg and Ottawa. His books include Why Empires Fall (Yale University Press, 2023) and Twilight of the Money Gods (Simon ...

The Kremlin needs money to keep its finances steady - and it’s clear where President Vladimir Putin intends to get it: at the ...