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

The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...

Trade between Russia and US has fallen 90% since 2021 – blunting the impact of any proposed tariffs or sanctions.

Russia’s sanctions-defying economy ... that the risk of a protracted systemic banking crisis in 2026 was “moderate” and growing. The economic woes increase pressure on the Kremlin by ...

But other problems tangential to the war – which were not discussed at SPIEF – centre around Russia’s ability to support and stimulate those territories of Ukraine that it has seized, to avoid them ...

Considering Russian President Vladimir Putin was only using the 50-day deadline as an excuse to unleash more destruction on ...

Despite a recovery from a 1.4% contraction in 2022, the Russian economy showed signs of overheating by 2023, as wage growth and inflation accelerated. The central bank raised interest rates as high as ...

Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis in ...

The Russian economy is being dealt blow after blow, as vehicles have become unaffordable for many residents and China is ...

STORY: The European Union on Friday agreed an 18th package of sanctions against Russia over its war in Ukraine.:: GazpromThe ...