Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two ...

MMK's management warned that it did not expect business to pick up any time soon, as demand for its products dries up.

Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.

Russia’s banks are reportedly seeking to arrange bailouts from Moscow as borrowers struggle to repay loans across the war-battered economy.

Ukrainian President Volodymyr Zelenskyy made a strong appeal to the world. He urged all nations to increase pressure on ...

Previously, most supplies to Kaliningrad Oblast passed through Lithuania, but quotas and restrictions have significantly ...

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

The Bank of Russia dropped its benchmark interest rate by 2 percentage points on Friday, cutting it to 18% in a direct ...

Russia’s economy is beginning to show signs of strain, and immediate action is needed to loosen monetary policy to prevent ...

In 2024, births in Russia fell to 1.22 million — the lowest level since 1999 — while deaths increased by 3.3% annually, to ...

Moscow needs to urgently raise more money as shrinking oil and gas revenues and a worsening economic outlook continue to ...