Housing and utility bills in some parts of Russia are expected to soar by up to 25% as the country's economic meltdown ...

The Russian Economic Development Ministry expects the Central Bank of Russia to continue to follow the logic of softening monetary policy amid slowing inflation, Economic Development Minister Maxim ...

The exorbitant rates threaten to bankrupt many companies with large debt exposure and prevent firms from raising capital for ...

Russian ruler Vladimir Putin has stated that the Kremlin plans to reduce defence spending, the share of which in the national budget has reached record levels not seen since the Soviet era. Source: ...

Over 1K deals worth around $80B signed at St. Petersburg Int'l Economic Forum, attended by many high-level officials, company ...

Russia's economy could be 'on the verge' of a recession, according to one of the top officials in Vladimir Putin's Kremlin - ...

Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.

MOSCOW. June 25 (Interfax) - Russia is now faced with the strategic task of increasing imports to balance out trade in goods and services amid a the reduction in capital outflow, Economic Development ...

In a rare public sign that all is not well in Russia, two high-ranking Moscow officials last week issued separate warnings ...

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Strains within the banking system could raise wider questions for President Vladimir Putin’s ability to sustain Russia’s war ...