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 ...

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates.

She worked at Russia’s central bank until early 2022. To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a ...

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'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 ...

The US has imposed sanctions on Russia's largest oil companies, Rosneft and Lukoil, in response to Russia's ongoing war in ...

The missile, named the Mark 1, was developed last year to shoot down enemy drones at short range and is awaiting its debut on ...

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 ...