Oil, which has been instrumental in keeping the Russian economy buoyant amid severe sanctions, also appears to be on a downward slope. In 2024, Lukoil reported a significant drop in net profits ...

Brendan joined Newsweek in 2018 from the International Business Times and well as English, knows Russian and French ... to the country's sanction-hit economy. Russia's Economic Development ...

Artist Nikas Safronov said he created the painting in hopes that the artwork would strengthen U.S.-Russia ties, the Russian Embassy in Kenya said on Wednesday in a post on X. The painting depicts ...

“Ukraine — with Western aid — can accelerate the timeline on which Putin feels the strain on the Russian economy and military, forcing Putin to face hard choices sooner than he would like ...

MOSCOW (Reuters) -Russia's gross domestic product (GDP) grew by 1.4% in March year-on-year after expanding by 0.7% in February, the economy ministry said on Wednesday. For the first quarter this ...

The economy ministry forecast 2025 growth of 2.5%, compared with a central bank prediction of 1-2%. President Vladimir Putin urged his economic officials last month not to freeze the Russian ...

SITE report highlights Russian economy's structural weaknesses Report questions reliability of Russian GDP and inflation data EU Commission agrees on Russian economy's increasing fragility ...

Part I of the paper covers the initial impacts of the sanctions regime on the Russian economy. Next, Part II runs through the lessons Russia learned from the sanctions imposed in 2014, and how these ...

MOSCOW (Reuters) - The Russian economy has slowed sharply in recent months, according to the latest economic data, and may be at further risk if a fall in oil prices and global market turmoil persist.