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

Trade between Russia and China fell in the first six months of the year in a further sign of weakening in the Russian economy ...

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

The Russian economy has adapted to Western sanctions and inflation is now slowing, but turbulent times and major ...

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

Since its illegal invasion of Ukraine in 2022, Russia has become the most sanctioned nation on Earth, and yet its economy has ...

Russia's economy is cooling, with a top minister suggesting it's on the verge of a recession amid record-high defense ...

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 ...