Russian companies are widening their campaign to find young African women to help fill a labor shortage, heightening concern many are being deployed in the Ukraine war effort. The latest drive is in South Africa,

Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy creaking under the weight of financing the more than three-year war in Ukraine,

The Kremlin's export ban on petrol has failed to contain shortages, with queues now stretching for miles as motorists wait hours for limited rations in Russia's Far East.

Russians are likely to face higher taxes as the burden on the budget grows and the Central Bank of Russia says that "the economy needs a breather." View on euronews

Kazakhstan’s GDP per capita has surpassed Russia’s for the first time in a decade, reflecting strong post-pandemic growth and the benefits of avoiding sanctions.

Falling oil and gas prices are exacerbating a budget deficit that is threatening to spiral out of control, as the economy cools - prompting some to warn of an imminent recession.

Russia's war machine has become such an integral part of its economic engine that its military industry is likely to keep expanding even after the fighting in Ukraine ends, according to a report ...

As President Trump turns up the economic pressure to push Moscow to reach a cease-fire, WSJ explains how Russia’s economy has survived and how long it can keep going.

In a desperate bid to save money, businesses across the country are implementing a stringent programme of wage cuts and reduced working hours.