Vehicle prices are unaffordable for many Russians. The Central Bank has imposed stricter loan policies and increased interest rates.

Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the transformation into a "fortress Russia" economic model during the war in Ukraine,

The Russian economy has been teetering on the brink of collapse for the last few months as inflation has soared to a three year high, hitting Russian consumers hard

Russia's property market has plunged, with new apartment sales down nearly 39% amid soaring mortgage rates and slashed government support.

The Russian economy has adapted to Western sanctions and inflation is now slowing, but turbulent times and major technological shifts lie ahead, central bank governor Elvira Nabiullina said on Wednesday.

Either way, it would be a step further than Joe Biden ever went. The former president, a much stronger backer of Kyiv, was unwilling to crack down against Russian energy exports, fearful of the impact on pump prices and his chance of re-election.

Russia's federal budget received 132 billion rubles from property sales.

The Russian economy is on the brink of recession, with several key sectors showing dwindling productivity, according to analysis. Alexander Kolyandr from the Center for European Policy Analysis took to X to explain that the country's manufacturing sector was "losing its mojo", even in military production.

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

U.S. President Donald Trump threatened to hit buyers of Russian exports with sanctions unless Russia agrees a peace deal over the conflict in Ukraine, potentially complicating Moscow's oil sales to China,