Due to sanctions and falling oil prices, the Russian economy has begun a gradual transition from stagnation to recession The economic situation in Russia has significantly deteriorated since 2025.

Russian ruble notes are seen besides dollar bills in this image taken on January 11, 2025. Matt Cardy/Getty Images Why It Matters. Russia's economy has been impacted by a fall in global oil prices ...

The Russian economy has lived many lives since the full-scale invasion of Ukraine. After the initial shock of the invasion wore off, the country experienced a dramatic sugar high thanks to historic ...

Russian artist Nikas Safronov said the Kremlin commissioned him to create a painting for President Donald Trump in hopes of improving relations between Russia and the U.S.

Saudi Arabia Deals a Blow to Russian Economy. Published May 06, 2025 at 6:21 AM EDT Updated May 06, 2025 at 11:10 AM EDT. By . Brendan Cole is a Newsweek Senior News Reporter based in London, UK.

The economy ministry forecasts economic growth of 2.5% this year, compared with a central bank prediction of 1-2%. The central bank's next rate-setting meeting is scheduled for June 6.

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 ...

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 ...

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 ...