Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic banking crisis in the next 12 months, according to Russian banking officials.

The conversation will cover the structural changes within the Russian economy since 2022, the most substantial chokepoints threatening its sustainability, and the possible scenarios for its near-term ...

But the Russian government is clearly nervous. At the forum, Russia's Minister for Economic Development, Maxim Reshetnikov, warned that the country's economy was teetering "on the brink of recession".

Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing continued growth, low debt and economic diversification as signs of ...

In a rare public sign that all is not well in Russia, two high-ranking Moscow officials last week issued separate warnings about the state of the country's economy. Russian Central Bank Governor ...

Russia's economy, buoyed for months by wartime spending, may now be teetering toward recession, Minister of Economic Development of the Russian Federation Maxim Reshetnikov said on Thursday ...

"The Government of the Russian Federation should consider proposals by leading business associations on the establishment of the order for coordinating transactions (operations), as a result of ...

Ukraine's president says Russia repatriated at least 20 of its own dead soldiers in recent exchanges with Ukraine, describing it as a result of Moscow's disorganization.

Putin boasts about Russia's economy despite recession fears President Vladimir Putin has praised Russia’s economic outlook, saying it has managed to curb inflation and ease its reliance on ...

President Vladimir Putin has praised Russia’s economic outlook, saying it has managed to curb inflation and ease its reliance on energy exports. His optimistic account in a speech Friday at the ...