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

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

US President Donald Trump is trying again to end the war in Ukraine – not by targeting Russia, but by hitting the countries that buy Russia’s oil.

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

The Russian economy has been teetering on the brink of collapse for the last few months as inflation has soared to a three ...

Officials have warned Russian President Vladimir Putin that a demographic crisis could mean the country he leads will be short millions of workers by the end of the decade.

In a rare public sign that all is not well in Russia, two high-ranking Moscow officials last week issued separate warnings about the state of the country's economy. Russian Central Bank Governor ...

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

The Russian economy has adapted to Western sanctions and inflation is now slowing, but turbulent times and major ...

Since its illegal invasion of Ukraine in 2022, Russia has become the most sanctioned nation on Earth, and yet its economy has ...

Russia's economy is cooling, with a top minister suggesting it's on the verge of a recession amid record-high defense ...

Russian minister Maxim Reshetnikov has warned that the country's economy was teetering "on the brink of recession".