In June, Russia's manufacturing Purchasing Managers' Index sank to 47.5 — its sharpest pace of contraction since March 2022, according to S&P Global.

Russia's economy, retooled for war, is now showing signs of significant slowdown and heading towards a recession, despite initial resilience to Western sanctions.

Belarus faces economic challenges with diminished support from Russia, as GDP growth slows and inflation rises amid a ...

MINSK, 28 June (BelTA) – European countries are constantly writing Russia off, although they themselves are experiencing great challenges in economy and are on the brink of survival, TASS reports.

The 28th St. Petersburg International Economic Forum (SPIEF) opened in Russia's second-largest city on Wednesday. It will bring together all parties to explore effective approaches to addressing ...

Russia's economy faces the triple threat of a banking crisis, companies forgoing dividend payouts and a sharp downturn in growth as the sanctions-hit country experiences continued turbulence due ...