As Moscow faces growing economic challenges to fund its war against Ukraine, Russia is expected to be in a nearly £75 billion ...

We believe that next year Russia will have a significant deficit — nearly $100 billion. We have seen the documents — a month ...

By Olesya Astakhova and Vladimir Soldatkin MOSCOW (Reuters) -One of President Vladimir Putin's top economic officials on ...

Russia's new wave of tax hikes, designed to mobilise state finances as the war in Ukraine grinds on, is set to hit one in 10 ...

The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, ...

Finnish President Alexander Stubb has said that Russia’s resources are being depleted and urged the use of economic pressure ...

The USD/RUB exchange rate was trading at 81.05 on Friday, down by almost 30% from its highest point in January. What next for ...

Russia's GDP growth is expected to fall short of the 2% annual growth target required to cover defense, security, social ...

Russia 's war economy is teetering on the brink of meltdown as its coal industry endures a 'once in 30 year crisis', hammered ...

Almost 900 miles from Ukraine’s borders, a fire erupted at a Russian oil refinery on Saturday. The blaze – a result of a ...

Syrian President Ahmed al-Sharaa on Wednesday assured Russian President Vladimir Putin  that he would honour all existing ...

Hungarian Prime Minister Viktor Orbán says Hungary will keep buying fossil fuels from Russia despite demands from President Donald Trump.