The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...

The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...

(Reuters) -Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis ...

The Institute for the Study of War (ISW) said this in a new report , according to Ukrinform. Trump stated that the Russian ...

Russia's central bank on Friday slashed its benchmark interest rate to 18 percent from 20 percent, its steepest cut in more than three years as policymakers race to avert a recession.

But other problems tangential to the war – which were not discussed at SPIEF – centre around Russia’s ability to support and stimulate those territories of Ukraine that it has seized, to avoid them ...

STORY: The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine.:: GazpromThe ...

Russian President Vladimir Putin has been warned that his country is on the brink of recession as the price of potatoes soars and fails to meet high demand, with the economic impact potentially hamper ...

Russia may have coped better than expected with Western sanctions, but they continue to drag on the economy, he adds. Russian companies are struggling to import the technology they need, and it ...

Since its illegal invasion of Ukraine in 2022, Russia has become the most sanctioned nation on Earth, and yet its economy has been remarkably resilient. In 2024, if Russian official figures are to ...

Russia's economy is teetering on the edge of recession, the country's economy minister has warned, according to reports from Russian media. Maxim Reshetnikov delivered the stark assessment on ...

The country lacked around 2.6 million workers at the end of 2024, according to Russia's Higher School of Economics, largely due to men going to war or fleeing abroad to avoid it.