Russia is also facing a "food catastrophe" after grain harvests were reported to have fallen by 12.7 million tonnes in the ...

In today’s Russian papers, Nezavisimaya Gazeta said: “In June the Russian car market kept up its 25% fall. “Because of ...

The Russian economy has adapted to Western sanctions and inflation is now slowing, but turbulent times and major ...

Russia's manufacturing Purchasing Managers' Index sank to 47.5 — its sharpest pace of contraction since March 2022, according ...

Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the ...

Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed at choking Moscow's military machine. Strong GDP has been driven by high ...

Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic ...

Russian minister Maxim Reshetnikov has warned that the country's economy was teetering "on the brink of recession".

Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing ...

The overnight attack was one of the largest on Ukraine and included strikes in the western part of the country, which is hit ...

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

Since its illegal invasion of Ukraine in 2022, Russia has become the most sanctioned nation on Earth, and yet its economy has ...