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

Previously, most supplies to Kaliningrad Oblast passed through Lithuania, but quotas and restrictions have significantly ...

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

Ukrainian President Volodymyr Zelenskyy made a strong appeal to the world. He urged all nations to increase pressure on ...

Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.

Russia’s economy is beginning to show signs of strain, and immediate action is needed to loosen monetary policy to prevent ...

Russia's military-driven budget is under increasing strain as falling energy revenues, rising war costs, and economic ...

The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...

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

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.

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

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