The Russian economy is set to lose $44 billion to cyber crime in 2020, according to estimates published on Tuesday by Russian bank Sberbank , with the shift to online during the COVID-19 pandemic ...

Mass inspections of freight shipments on Russia’s border with Kazakhstan have halted a significant share of imports and could ...

In considering the many effects of the war in Ukraine on the Russian economy, few suspected that fuel shortages would be one of them. After all, Russia is an oil-rich country whose energy ...

After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

Wall Street analysts are warning of severe economic fallout for Russia after President Donald Trump imposed new sanctions on ...

Last month, it was also claimed that Russia has lost some 486,000 businesses since 2022, leaving the country with 3.17 ...

The invasion of Ukraine is becoming a long-range missile war, as both sides seek military advantage away from the ...

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

It is increasingly difficult for Putin to finance his war. Every Euro we deny Russia is one it cannot spend on war." ...

Burgas is Bulgaria's only oil refinery, and was a key part of Lukoil's foreign business empire, which is being threatened ...

"Eventually the administration decided it's not enough to just use carrots to pressure Putin, you also need sticks," one ...