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

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

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

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

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 ...

Russia's latest economic data showed it had a strong 2024 and decade-high budget revenues in December. But economists say ...

Just one week into his presidency, U.S. President Donald Trump has hinted at his approach to U.S. sanctions on Russia. First, ...

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

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

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

A newly declassified analysis argued against “shock therapy” for the former Soviet Union. The warning wasn’t heeded.