Nearly four years of war in Ukraine have devastated the Russian civilian economy. This year, 75 percent of Russia’s regions report serious budget deficits and more enterprises are becoming ...

The peripheral, energy-rich areas of Russia are bearing the brunt of the human and economic costs of the Ukraine War.

With Western sanctions tightening and military demands on the budget due to the war in Ukraine showing little sign of easing, ...

Problems in the oil sector, a possible banking crisis and consumer woes lie ahead for Russia’s economy as four years of heavy ...

The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit and shrinking energy revenues. But analysts say the Kremlin could weather the storm ...

At first Russia downplayed the impact of the sanctions and turned its economy into wartime mode. Sensitive to civilian attitudes towards the war, the government sought to keep the stores full and the ...

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

Ukraine’s third-largest city plays an outsize role in Ukraine’s export-oriented economy, which depends on cheap routes to ...

Donald Trump's attack on Venezuela has sparked anger and fear inside Russia, provoking furious public criticism of Vladimir ...

MOSCOW, December 5. /TASS/. The Russian economy is now in a phase of easing inflationary pressure, Russian Deputy Prime Minister Alexander Novak said. "Our economy – despite all challenges, despite ...

The Ukraine–Russia border lies more than 1,700 miles from Armenia’s capital. So why should it matter to Armenians? While ...