MOSCOW, Sept 8 (Reuters) - Russia's economy could contract by less than 4% in 2020, Finance Minister Anton Siluanov said on Tuesday, an improvement on previous assessments and a positive sign for an ...

Western efforts to strangle the Kremlin’s war machine have been systematically undermined by European nations’ desire to ...

The rate cut comes as Russia's economy is rapidly cooling - Copyright GETTY IMAGES NORTH AMERICA/AFP Michael B. Thomas The rate cut comes as Russia's economy is ...

Russia's central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the ...

Nearly one-third of real estate developers in Russia could soon be facing bankruptcy, in part due to sanctions stemming from Moscow's invasion of Ukraine, according to an assessment by Kyiv. Newsweek ...

A Ukrainian drone campaign has knocked out 17% of Russia’s refining capacity, fueling shortages and price spikes across the country. Massive defense spending, making up 41% of the 2025 budget, has ...

Russia's economy has been dealt yet another devastating blow as its most precious exports are being hammered. The vast country is home to many natural resources, such as oil, natural gas, coal, timber ...

MOSCOW, Dec 28 (Reuters) - Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country's largest lender Sberbank (SBER.MM), opens new tab ...

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ...