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 economy bruised by low oil ...

Russia will scale down its state support of the economy in 2021, eyeing rising costs on servicing burgeoning state debt in the fallout of its response to the COVID-19 pandemic and the collapse of oil ...

Russia faces a fuel crisis, with gasoline prices rising over 30 percent due to Ukrainian drone strikes on refineries. The economy is slowing, with GDP contracting and inflation nearing 10 percent, ...

The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, ...

Massive military spending has kept GDP high. But years of costly conflict are finally taking their toll, with Russia facing a ...

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 ...