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

Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year ...

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

Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the ...

The Kremlin's grip on the Russian elite appears to be closing ever tighter as two major figures of Russian business and ...

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

Long seen as loyal to Russian President Vladimir Putin, billionaire Konstantin Strukov is on the verge of being stripped of ...

Russia’s economy is struggling and it’s all Putin’s fault. When Russia invaded Ukraine in February 2022, the international community responded with unprecedented sanctions. These included cutting ...

The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market ...

A former Russian prime minister has said Vladimir Putin may be forced to agree a peace deal to end the war with Ukraine by ...

Fortress Russia’ uses a host of mechanisms to take major assets as Moscow weathers Western attempts to sink its economy.

By 0925 GMT, the rouble was 0.4% stronger at 78.15 per U.S. dollar, according to LSEG data based on over-the-counter quotes ...