The continuing labour shortage has pushed up wages and increased inflation, which hit 9.9% earlier this year amid Western ...

Officials have warned Russian President Vladimir Putin that a demographic crisis could mean the country he leads will be ...

Vehicle prices are unaffordable for many Russians. The Central Bank has imposed stricter loan policies and increased interest ...

Russian authorities have confiscated assets worth some $50 billion over the past three years, underscoring the scale of the ...

Slovak Prime Minister Robert Fico has written to European Commission President Ursula von der Leyen, criticising the EU’s ...

Russia's federal budget received 132 billion rubles from property sales.

Russia’s coal industry has slipped into crisis under the weight of high borrowing costs and sanctions as slowing demand in ...

Either way, it would be a step further than Joe Biden ever went. The former president, a much stronger backer of Kyiv, was ...

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

A former Russian prime minister has said Vladimir Putin may be forced to agree a peace deal to end the war with Ukraine by ...

The conflict has been accompanied by a significant transfer of assets as many Western companies fled the Russian market ...

Fortress Russia’ uses a host of mechanisms to take major assets as Moscow weathers Western attempts to sink its economy.