Russia's economy is in turmoil, with fuel prices soaring by 14.6 percent for gasoline and 11.4 percent for diesel since January, according to former National Bank of Ukraine chief Kyrylo Shevchenko, w ...

The Russian economy reached a size of 200 trillion rubles ($2.37 trillion) in 2024, growing six times faster than Europe, Prime Minister Mikhail Mishustin said on Wednesday. Saying the driving ...

Russia's economy is facing a severe crisis ... Firefighters are still combating the blaze, which has consumed 2,000 square meters, with storage tanks and their contents still aflame.

The Russian economy and the Russian ruble have not collapsed during the three years of the war in Ukraine despite crippling Western sanctions. However, authorities in Moscow are not hiding the ...

Julian Cooper does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

Russia’s economy has “reached the limits of its productive capacity while demand continues to be stimulated,” Central Bank chief Elvira Nabiullina warned the Russian parliament in November ...

The Russian economy continues to struggle under sanctions as high interest rates see mortgage costs soar and housing developers pushed to the brink of bankruptcy. Interest rates in Russia are at a ...

Maya joined Newsweek in 2024 from the Londoners and had previously written for MyLondon, the Camden New Journal, BUST Magazine, and Washington Square News ... U.S. sanctions on Russian entities ...

Russian President Vladimir Putin has said that Moscow is willing to consider cooperating with the U.S. in mining rare earth minerals both in Russia and parts of Russian-occupied Ukraine.