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

In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy ...

Russian Finance Minister Anton Siluanov said state assets would be privatized this year in a plan worth $1.2 billion.

New U.S. penalties on Russian energy could be a sticking point as President Trump and Prime Minister Viktor Orban of Hungary ...

During his address, the Russian president boasted of an unemployment rate of 2.3 percent although the ISW said the Russian president "failed to note" record low joblessness was because many are ...

The Russian economy is set to lose $44 billion to cyber crime in 2020, according to estimates published on Tuesday by Russian bank Sberbank , with the shift to online during the COVID-19 pandemic ...

MOSCOW (Reuters) -The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, saying that Russia had considerable ​reserves and was ...

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

In a separate interview, the envoy also said he believed Russia, the United States, and Ukraine are nearing a diplomatic ...

As Russian Energy Week concluded last week, Western governments strike to the heart of Russia’s energy sector with sanctions packages to cut ...

MOSCOW. Nov 6 (Interfax) - Russian markets are now monopolized to a greater degree since Western companies have left, creating a need for administrative mechanisms and quasi-market incentives to boost ...

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.