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

MOSCOW (Reuters) -Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister ...

Russia's economy can't afford to win or lose the war in Ukraine, one economist says. That's because Russia can't afford the cost of rebuilding and securing Ukraine. The cost of repairing its own ...

Russia is seeing a rapid rise in unpaid wages: arrears have quadrupled in a year, and workers in construction, mining, and ...

Russia's President Vladimir Putin visits a military plant in Nizhny Tagil, Russia in February 2024. In a speech that month, he boasted about the country's economy, and its ability to ramp up its ...

Berlin-based energy analyst Thomas O’Donnell told Newsweek that the U.S. moves to punish Russian energy exports combined with ...

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

1:03 Canada announces new sanctions against Russia, over $4B in new support for Ukraine Russia’s economy is on the verge of sliding into recession and monetary policy decisions will now determine ...

Russian stocks have rallied on hopes of talks between Trump and Putin in Alaska. The Moscow Exchange Index has jumped 8% since Thursday on optimism about a possible breakthrough in the Ukraine war..

2:36 ‘Russia will not prevail’: Biden announces ‘historic’ donation to Ukraine from allies Russia’s economy is showing signs of strain amid high inflation and a tightening labour market, which G7 and ...

Years of conflict have taken their toll and the war of attrition is continuing on the homefront - but Ukrainians are fighting back hard by trying to keep morale high ...