The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...

The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

The Russian economy is being dealt blow after blow, as vehicles have become unaffordable for many residents and China is ...

Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis in ...

The Institute for the Study of War (ISW) said this in a new report , according to Ukrinform. Trump stated that the Russian ...

The Central Bank of Russia announced on July 25 that it had cut its key interest rate for the second time this year, lowering ...

But other problems tangential to the war – which were not discussed at SPIEF – centre around Russia’s ability to support and stimulate those territories of Ukraine that it has seized, to avoid them ...

Despite a recovery from a 1.4% contraction in 2022, the Russian economy showed signs of overheating by 2023, as wage growth and inflation accelerated. The central bank raised interest rates as high as ...

"If we try to establish a ceasefire without building up our future defenses, the war will drag on for many more years," ...

Russian coal firms will receive tax breaks worth an estimated 63-billion roubles ($804.08-million) this year, the Finance Ministry said on Friday, in a move aimed at helping producers to stay afloat ...

Russia has been accused of acts of sabotage, cyberattacks and fake news campaigns ... Heavyweights France and Italy are mired in economic woes and will struggle to get there too.