Russians are likely to face higher taxes as the burden on the budget grows and the Central Bank of Russia says that "the ...

"We also think there's a significant probability of Russia's economy slipping into a technical recession in the coming ...

Military production and defense spending are propping up Russia's economy and may shape its future long after the war in ...

President Donald Trump is willing to “crush” Russia's economy with sanctions if Russian President Vladimir Putin refuses to ...

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

The Kremlin's export ban on petrol has failed to contain shortages, with queues now stretching for miles as motorists wait ...

Russia has built a shadow network to help its businesses dodge Western sanctions, according to a new report that shines a ...

As a result of the ongoing wealth destruction, the adverse effects of the war on Russia’s economy are becoming increasingly ...

Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy ...

As President Trump turns up the economic pressure to push Moscow to reach a cease-fire, WSJ explains how Russia’s economy has ...

Despite Europe’s pledge to stand side by side with Ukraine, many of Zelensky’s allies couldn’t stomach the one sacrifice it ...

The Russian invasion of Ukraine has had a profoundly negative impact on Ukraine, as well as on the global food, financial, ...