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, ...

Russian Economy Dealt a Blow by China. ... An exchange rate graph at the Moscow Exchange Office in Moscow on January 10, 2023. Sanctions on Russia are harming trade with China.

Russian economy grows at slowest pace in 2 years—a plunge in oil prices could make things much worse. ... the Russian central bank has hiked interest rates to 21% in a bid to slow down price rises.

According to the International Monetary Fund, in real GDP terms the Russian economy suffered a modest 1.2 percent decline in 2022, with 3.6 percent growth in 2023. The Russian government announced ...

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 ...

Russian Economy Slows Sharply, With More Turmoil on Horizon. More. Reuters. FILE PHOTO: An employee works at the Ulan-Ude locomotive and car repair plant in Ulan-Ude, Buryatia republic, Russia ...

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 ...

Russia's economy is growing at last on the back of strong international commodity prices. But growth won't be sustained for long unless it is supported by a foundation of real companies producing real ...

Russian GDP up 1.4% in March, Economy Ministry Says. More. Reuters. The moon rises behind a skyscraper of the Moscow International Business Centre in the city of Moscow, Russia, March 15, 2025.