After nearly four years of fiscal overreach caused by injecting trillions of rubles into the Russian economy, the Kremlin can ...

MOSCOW, Sept 8 (Reuters) - Russia's economy could contract by less than 4% in 2020, Finance Minister Anton Siluanov said on Tuesday, an improvement on previous assessments and a positive sign for an ...

A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has ...

Russia's central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the ...

Russia's economy has been dealt yet another devastating blow as its most precious exports are being hammered. The vast country is home to many natural resources, such as oil, natural gas, coal, timber ...

MOSCOW, Dec 28 (Reuters) - Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country's largest lender Sberbank (SBER.MM), opens new tab ...

Kiev's drones have already paralyzed 21 out of 38 refineries and have put an end to 38% of Russia's refining capacity. The entire country is suffering from an extreme gasoline shortage. Ukraine has ...

Nearly one-third of real estate developers in Russia could soon be facing bankruptcy, in part due to sanctions stemming from Moscow's invasion of Ukraine, according to an assessment by Kyiv. Newsweek ...

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ...