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

The Russian economy is losing resilience amid the prolonged war in Ukraine and sanctions. Key sectors are experiencing a ...

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

Slumping global coal prices and sanctions have put Russia’s coal industry on the brink of collapse, forcing the government to ...

Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic banking crisis in the next 12 months, according to Russian banking officials.

Russian bank executives fear rising bad loans may trigger a bailout in 2025, despite official claims of stability.

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

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

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

Russia now controls more than two-thirds of Ukraine’s Donetsk region — the main theater of the ground war. Russian forces ...

US President Donald Trump has announced new weapons for Ukraine and threatened to hit buyers of Russian exports ...

A senior Russian official on June 19 inadvertently confirmed the staggering troop losses incurred by Moscow's forces during its full-scale invasion of Ukraine. In an interview with CNN, Russian ...