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 ...

The Russian president says he will reduce defence spending ‘next year and the year after, over the next three-year period’ - Getty Vladimir Putin has announced plans to scale back military ...

The economy has been slowing and inflation has been coming down, but after OPEC decided to increase production in April, to punish Kazakhstan, which has routinely been ignoring its agreed ...

Russian losses in Ukraine hit a massive, and grim milestone on June 12 — 1 million Russian soldiers killed or wounded during the 39-month-long full-scale war, according to figures from Kyiv.

Russian Economy Dealt Blow With Slumping Oil Prices. Published Apr 23, 2025 at 3:00 AM EDT Updated Apr 23, 2025 at 7:39 PM EDT. By . ... posing a challenge to the country's sanction-hit economy.

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 ...

Foreign investments in the Russian economy are still very much limited by sanctions and retaliatory restrictions, regulator’s Governor Elvira Nabiullina noted MOSCOW, June 6. /TASS/. The Bank of ...

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 IMF’s forecast for the Russian economy’s growth was revised to 1.5% earlier. German IT giant to continue job cuts. The company at the same time is going to increase investments in Germany.

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.

ST PETERSBURG, Russia (Reuters) -Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister ...