Finance ministers and central bank governors from the Group of Seven democracies pledged on Thursday to address "excessive ...

Major Russian exporters including Rusal and Gazpromneft have cut the planned volume of commodities like metal and oil ...

The 1998 crisis worsened the situation, as a global recession and falling commodity prices led to fiscal imbalances and ...

After delaying an earlier ultimatum, the European Union has passed a new sanctions package against Russia. The sanctions come ...

While Russia seems reluctant to pursue peace now, increasing economic and military pressures at home — ranging from supplies ...

A report read: "In 2024, the issuer's operating indicators demonstrated a downward trend amid a reduction in demand from end ...

BRUSSELS (Reuters) -The Russian economy is in an increasingly precarious state as a result of a shift to a war mode and of ...

Vladimir Putin is facing a fresh economic crisis as Russia suffers a staggering £5.5 billion hit to its trade balance. New figures from the Bank of Russia reveal a 31.7% drop in the country’s positive ...

Russia seems reluctant to pursue peace at the moment as the country is widely believed to be planning a new summer offensive ...

Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new ...

Russia's economy is buckling under the financial weight of the war in Ukraine - despite the Kremlin's insistence of financial ...