After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

Continuing the war means the economy faces stagnation, while ending it would shut off the massive defense spending that's ...

Russia’s economy has continued to lose momentum for the third consecutive quarter, according to new data from the Economic ...

Amid Russia's dwindling economic prospect, the number of registered businesses operating in in the country has fallen to lows not seen since 2010, Ukraine's foreign intelligence service (SZRU) ...

Russia faces a fuel crisis, with gasoline prices rising over 30 percent due to Ukrainian drone strikes on refineries. The economy is slowing, with GDP contracting and inflation nearing 10 percent, ...

A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has ...

US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil ...

The Russian economic outlook is becoming increasingly opaque amid stricter US sanctions and Moscow's plan to increase the country's value-added tax.

President Vladimir V. Putin warned of an overwhelming response if the Trump administration arms Kyiv with powerful missiles ...

The forecast for the current year has been lowered by 0.3 percentage points compared with the Fund’s July estimates WASHINGTON, October 14. /TASS/. The International Monetary Fund (IMF) has revised ...

The ministry’s spokesperson pointed out that Russia is considering in its macroeconomic forecast that global economic growth will continue MOSCOW, September 24. /TASS/. Russia’s Economic Development ...

The US has announced new sanctions on Rosneft and Lukoil, Russia's two largest oil companies, over continued fighting in ...