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.

The Centre for Research on Energy and Clean Air (CREA) said that the drop in India’s imports of Russian crude oil in ...

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 ...

US President Donald Trump has exempted Hungary from sanctions over buying Russian oil and gas for one year, a White House ...

President Donald Trump told Hungary’s Prime Minister Viktor Orbán that the United States will not penalize Hungary for ...

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 ...

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.

The United States has granted Hungary a one-year exemption from its sanctions on Russian oil and gas following a personal ...