Russia's economy is in the throes of a severe crisis ... 14.6 percent and diesel by 11.4 percent since January, with some Russian consumers also hit with the news that mortgage costs could ...

At first glance, the Russian economy appears surprisingly resilient to Western sanctions. In 2023, the gross domestic product grew by 3.6%, and a growth of 3.9% is expected in 2024. Unemployment ...

Russia’s economy is in danger of unraveling, with industrial output plummeting and major companies initiating large-scale layoffs as the toll of three years of war with Ukraine takes its ...

At some point, all that has to be paid for. But for the time being, the Russian president is busily building a wartime economy. In the 2024 budget, military spending will hit 6% of GDP for the ...

In spring, 2025, the Russian economy was already somewhere between a decline and a recession. "Now a global trade crisis, fall in demand in China and new anti-Russian sanctions could make the ...

According to the World Bank, the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD), 2022 was a bad year for the Russian economy. It is estimated ...

In recent months, many western media commentators have suggested the Russian economy is in such serious trouble that President Vladimir Putin will soon have little choice but to end the war in ...

MOSCOW, December 13. /TASS/. It is difficult for ill-wishers of Russia to comprehend that the stake on the sanction blitzkrieg against the Russian economy failed completely, Foreign Minister ...