the world economy is currently in turmoil.” “I wouldn’t say it’s in our interest,” Peskov said. “Russia, for obvious reasons, is not included in this list — because we do not have ...

"Now a global trade crisis, fall in demand in China and new anti-Russian sanctions could make the situation even worse for our economy. The decline in economic activity in Russia can be ...

Russia's economy is facing further turmoil as the price of its flagship Urals crude oil plummets to its lowest value since early 2023. On Friday, Russian Urals oil prices fell to about £43 per ...

Russia's Central Bank warns that falling oil prices and tariff wars threaten the Russian economy. The price of Russia's Urals crude is nearing $50 per barrel due to the global oil market slump.

The transformation has made Russia’s economy reliant on the war for jobs, wages and growth. Weaning it off that military sustenance, in a peace deal being pushed by President Trump, is an ...

By Anatoly Kurmanaev When President Trump unveiled major new tariffs on Wednesday, one big economy that he did not target was Russia. Treasury Secretary Scott Bessent told Fox News on Wednesday ...

U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for ...

Shops, restaurants and gym chains have opened up in Russia’s most deprived regions, which serve as recruiting pools for Vladimir Putin’s invasion of Ukraine. The country’s war economy has ...

Russia’s shift to a wartime footing in the face of Western sanctions has made the country’s economy so dependent on military spending that peace could have disastrous ramifications ...