A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the ...

Kremlin spokesman Dmitry Peskov has claimed that Russia's macroeconomic situation remains "reliable and predictable" despite ...

After years of torrid growth, propelled by government spending to fuel the war on Ukraine, Russia’s economy is grinding to a ...

By Olesya Astakhova VLADIVOSTOK, Russia (Reuters) -Sberbank CEO German Gref, one of Russia's most powerful bankers, warned on ...

Russia’s economy returned to growth last quarter, dodging a recession despite pressure from ultra-high interest rates.

Russia revives barter trade for the first time since the 1990s, swapping goods like wheat and cars to bypass Western sanctions.

Vladimir Putin has staved off additional U.S. sanctions for now, as he bought more time to prosecute his war on Ukraine by meeting with President Donald Trump in Alaska last week, sparking a flurry of ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...

Sberbank chief German Gref said Russia could soon face recession if the key interest rate is not cut drastically.

Secretary Scott Bessent said that if the Supreme Court rules against the administration on tariffs, refunding the money would ...

The Russian central bank cut its key interest rate by 100 basis points to 17% on Friday, less than analysts had expected, ...