Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation, ...

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have ...

MOSCOW (Reuters) -President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress inflation. "As for the decline from more than 4% GDP growth: ...

The ministry's estimate shows GDP expanded 0.6% year-on-year in July-September, down from 1.1% in the second quarter, 1.4% in ...

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates.

Vladimir Putin is facing mounting pressure as new data reveals that more Russians are complaining of floundering economic ...

Oil and gas fund a quarter of Russia's budget Russian economy slowing, deficit rising Putin faces tough 2026 budget planning amid record military spending Revenue up 17% from August due to lower ...

WASHINGTON — If Russia is only a paper bear, does it have clause? The Kremlin fired back Wednesday at President Trump’s dig that Russia’s struggles in Ukraine gave Moscow away as a “paper tiger” by ...

SCOTT BESSENT, America’s treasury secretary, recently used a metaphor to describe the state of play in the Russo-Ukrainian war. “We are in a race,” he said. “How long can the Ukrainian military hold ...