President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress ...

Restrictions have made it costlier for Russia to ship oil by sea. But they have also expanded the illicit shipping economy, ...

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

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth ...

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

This disagreement exposed the true cost of the war with Ukraine on the Russian economy, and the gap between the Kremlin and ...

The Russian government is considering raising the rate of value-added tax to keep the budget deficit in check and maintain ...

Vladimir Putin acknowledged the progress in inflation slowdown but also raised concerns over slowing economic momentum. He ...

Ukrainian President Volodymyr Zelenskiy welcomed on Friday the presentation of the European Union's 19th sanctions package on ...

Kyiv’s strategy to strike the Russian oil industry is “the most efficient thing Ukraine can do” to hurt Moscow's war machine.

BRUSSELS (AP) — The European Union should slap new sanctions on Russia’s exports of liquefied natural gas, its shadow fleet ...

Despite claiming to have a ‘no-limits’ partnership, China and Russia maintain a pragmatic and conditional alliance. Driven by ...