The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...

Industrial production has screeched to a halt in Transnistria, a breakaway region of Europe, after Russian gas flows through ...

Russia’s focus on armaments is draining its industrial base, straining companies vital to the economy. As the war in Ukraine ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

Prime Minister Denys Shmyhal discussed the confiscation of frozen Russian assets and the fight against the Russian shadow ...

This is due to the inflationary effects of the depreciation, labour shortages and high government spending. It comes as Putin ...

In March 2022, as Russia's invasion of Ukraine was unfolding, U.S. President Joe Biden said that Western sanctions were ...

The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over their efficacy.

Russian President Vladimir Putin is facing growing discontent from domestic businesses as the local economy continues to ...

The tsarist Russian army, having exhausted the Prussians, was on the march and threatening Berlin. But then the unthinkable happened: Empress Elizabeth of Russia died, and her Prussophile successor, ...

The cut-off of Russian gas supplies to Moldova's breakaway Transdniestria region has forced the closure of all industrial ...