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 ...

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

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

Russia’s economy is teetering on the brink of recession as the war in Ukraine continues to drain its resources. -Top Russian officials, including the head of the Central Bank, have issued rare public ...

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

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 ...

STORY: The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine.:: GazpromThe ...

But signs of a sharp slowdown are emerging. Just last month, Russia's economy minister, Maxim Reshetnikov, warned that the country was "on the brink" of a recession.. Russia's GDP grew 1.4% in the ...

Minister of Economic Development of the Russian Federation Maxim Reshetnikov attends a plenary session of the St. Petersburg International Economic Forum in St. Petersburg, Russia, on June 19, 2025.

After years of anticipated economic strife, Russian authorities warn the country is on the precipice of a recession as the Kremlin’s bloated military spending amid its ongoing invasion of ...

Economy Minister Maxim Reshetnikov delivered the warning at the St. Petersburg International Economic Forum, the annual event in Russia's second-largest city designed to highlight the country's ...