One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...

Long reputed to be Russia-friendly, Hungarian Prime Minister Viktor Orban has often railed against the continuation of the EU ...

"As the risk of a financial crash rises, Russia’s imperiled economy is about to pose serious constraints on Putin’s war." ...

Since Moscow’s full-scale invasion of Ukraine in 2022, Russia’s economy has surpassed expectations. But some experts say this ...

Putin is increasingly having to dip into Russia 's National Wealth Fund, whose reserves have plummeted almost 74% from £94 ...

Car dealerships in Russia are closing in their hundreds as the country's economic crisis continues to deepen. Late last year, the Russian Central Bank raised interest rates to a record high of 21% in ...

Russian banks made record annual profits of 4 trillion roubles ($40.7 billion) in 2024, the central bank said on Thursday, as ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Russian President Vladimir Putin is reportedly worried about the state of the country's economy amid threat of tariffs from ...

Once a global leader in cryptocurrency mining, China banned the activity in 2021, citing financial and environmental concerns ...

Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story ...

The Russian leader is reportedly facing growing pressure from Russia's elite to engage in peace talks to end the war.