Assets of many Western companies were expropriated and those of some major Russian businesses were seized by the state.

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

Russia’s economy is teetering on the brink of recession as the war in Ukraine continues to drain its resources. -Top Russian officials, including the head of the Central Bank, have issued rare public ...

Russia's wartime economy is showing severe signs of strain, teetering on the brink of recession as it grapples with a ...

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

For Vladimir Putin, Russians’ appetite for the vegetable has become problematic, however. Shortages have pushed up prices by ...

The Russian economy is on the brink of recession, with several key sectors showing dwindling productivity, according to ...

How much will the Russian economy grow? Western sanctions had a negative short-term impact on the Russian economy. According to the World Bank, it fell by 2.1% in 2022.

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

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

But the Russian economy has remained strong, defying many economists' expectations. We wanted to understand why that's happened, so we called Alexandra Prokopenko, a fellow at Carnegie Eurasia Center.

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