Russia's central bank on Friday cut its key interest rate to 20 percent -- down from a two-decade high of 21 percent -- as the economy slows and officials say months of rapid price rises are ...

Brendan Cole is a Newsweek Senior News Reporter based in London, UK. His focus is Russia and Ukraine, in particular the war started by Moscow. He also covers other areas of geopolitics including ...

Russia’s successes on the front lines in Ukraine ... Some of his neighbors fear the success of the war machine now driving its economy means he never will. In the early stages of the war ...

MOSCOW (Reuters) -Russia's economy is facing "hypothermia" risks, Economy Minister Maxim Reshetnikov said on Monday as he urged the central bank to take slowing inflation into account when it ...

Since the country’s fullscale invasion of Ukraine in 2022, that economy has certainly suffered. Sanctions on Russia have already led to a depreciation of the rouble, high inflation, very high ...

In the meantime, dark clouds are gathering on the horizon when it comes to Russia's war-focused economy, which has labored under the weight of international sanctions as well as homegrown ...

Russia has shown little appetite for peace negotiations with Ukraine, despite Moscow making a show of what war experts described as "performative ceasefires," and a number of attempts by U.S ...

Visitors look at a new Chinese can Hongqi HS5 is on display inside the GUM department store near Red Square in Moscow, Russia, Tuesday, May 20, 2025. Summer begins on June 21. According to The ...

"So we must prepare to expand devastating sanctions that could suffocate once and for all Russia's economy." The 17th package sees some 200 'shadow fleet' tankers sanctioned. Two countries still ...