Tight monetary policy is making this downturn virtually unavoidable, FIS stressed. Read also: Kremlin falls short of ...

The Russian economy is rapidly moving toward a recession, a trend acknowledged by analytical bodies close to the Kremlin. — ...

Russia’s ruble has outpaced every major currency against the dollar this year, a rally that caught policymakers off guard and ...

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 ...

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

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 ...

MOSCOW (Reuters) -From railways and automobiles to metals, coal, diamonds and cement, some of Russia's biggest industrial companies are putting employees on furlough or cutting staff as the war ...

Three and a half years since Russia’s full-scale invasion of Ukraine, with a US-led peace process on ice and a stalemate on the battlefield, Kyiv’s allies are calling for renewed economic pressure on ...

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 ...

MOSCOW, Dec 2 (Reuters) - The Russian rouble will be stronger than previously expected, which represents a challenge for the economy, with several major export-oriented mega projects potentially ...

Cutting costs, firms aim to trim work days, not jobs Railway, construction, auto and mining sectors affected Move highlights pressure on Russia's war economy Non-military sectors shrank 5.4% since ...