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 ...

Russia’s central bank slashed its key interest rate to the lowest level in nearly a year amid slowing inflation and growing ...

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

After recording record profits thanks to robust demand for loans even at sky-high interest rates, Russian banks are now ...

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

Russia's central bank on Friday slashed its benchmark interest rate to 18 percent from 20 percent, its steepest cut in more than three years as policymakers race to avert a recession.

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 ...

The Institute for the Study of War (ISW) said this in a new report , according to Ukrinform. Trump stated that the Russian ...

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

PETERSBURG, Russia — Russia’s economy is “on the brink of going into a recession,” the country’s economy minister said Thursday, according to Russian media reports.

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 ...