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 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 ...

In response, the Russian central bank has hiked interest rates to 21% in a bid to slow down price rises. The central bank indicated in March that the economy was beginning to show signs of cooling ...

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.

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 ...

MOSCOW, May 26. /TASS/. The Russian economy reached the fourth position globally by the purchasing power parity, President Vladimir Putin said at the meeting with representatives of the business ...

In the view of the Russian government, the world economy is “in turmoil” following President Trump’s rollout of sweeping tariffs, and the fresh package of duties he slapped on dozens of ...

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 ...