This will represent a decrease of around a third when compared to the year before, the Russian news agency Interfax reports.

Reuters reports that Russia expects to earn £151billion ($200.3bn) this year from oil and gas exports, 15% less than last ...

Ukraine is ready for negotiations, but not for capitulation, this is a principled position.Deputy Prime Minister and Minister ...

Vladimir Putin appeared to get off scot-free during Donald Trump’s tariffs blitz last week. While the US president imposed ...

The Czech Republic has officially reached energy independence by cutting itself off from Russian gas, dealing a significant ...

The government borrowed more than expected last year, placing more pressure on the public finances ahead of the full impact ...

How huge payouts to soldiers and their families are creating a new middle class in Russia.

North Korea's involvement in Russia's war on Ukraine has generated more than $20 billion for its economy so far, according to ...

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.

Vitaly, Lyse and BBC Verify’s Olga Robinson joined up with presenter Leila Nathoo on BBC 5Live to answer these questions and ...

(Reuters) -Russia's economy ministry has cut its forecast for the average ... country's budget as oil and gas revenues make up a third of all budget revenues. The Russian central bank warned earlier ...