At the same time, the Russian economy cannot afford to keep increasing recruitment payments. “Russia is essentially burning the candle from both ends,” ISW concluded.

The Russian economy will face another test in early September when a 50-day deadline set by U.S. President Donald Trump for Russia to show progress toward peace in Ukraine expires, with potential ...

With his yacht seized and two private jets grounded, Russian billionaire Igor Makarov was forced to fly across Europe with budget carrier easyJet. The founder of Russia's first independent gas company ...

Russia's war economy has received welcome news about a dip in inflation but faces further turbulence due to concerns over state bailouts for firms and further sanctions on its key energy exports ...

Canada will lower the price cap for seaborne Russian-origin crude oil to $47.60 from $60 per barrel, the statement said. The price cap move brings Canada in line with the European Union and the United ...

The Russian rouble's 45% rise against the U.S. dollar since the start of the year has made it one of the world's best performing currencies - but the sharp appreciation is proving to be a double ...

The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two countries, complicating China’s relationship with Europe.

The Russian economy will face another test in early September when a 50-day deadline set by U.S. President Donald Trump for Russia to show progress toward peace in Ukraine expires, with potential ...

MOSCOW (Reuters) -The Russian rouble's 45% rise against the U.S. dollar since the start of the year has made it one of the world's best performing currencies - but the sharp appreciation is ...