The Russian economic outlook is becoming increasingly opaque amid stricter US sanctions and Moscow's plan to increase the country's value-added tax.

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates.

On Wednesday, US President Donald Trump imposed Ukraine-related sanctions on Russia for the first time in his second term.

She worked at Russia’s central bank until early 2022. To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a ...

The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, ...

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

Last month, it was also claimed that Russia has lost some 486,000 businesses since 2022, leaving the country with 3.17 ...

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

The International Monetary Fund has downgraded Russia's gross domestic product (GDP) growth forecast for 2025 to 0.6% from 0.9%, below the official government forecast of 1%.

The current dynamics of the Russian economy have led to a downward revision of the Central Bank of Russia's GDP growth forecast for 2025; nevertheless, the exit from the state of overheating will ...

The CBR has said that monetary policy is currently tough enough for inflation to slow down. The speed at which the CBR lowers the key rate will be proportionate to progress in restoring inflation to ...

Massive military spending has kept GDP high. But years of costly conflict are finally taking their toll, with Russia facing a ...