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 ...

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

Business Economic woes mount for Russia’s war machine. Inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines.

Russia's economy is going from bad to worse as Western sanctions hammer the country's key sectors. ... The country's economic woes have multiplied since its invasion of Ukraine early last year.

The economic woes add to Russian President Vladimir Putin's case for talks with U.S. President Donald Trump on ending the war in Ukraine. Trump said on Jan. 21 that Putin was "destroying Russia ...

U.S. President Donald Trump believes that Russian leader Vladimir Putin can be brought to the negotiating table only through ...

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 year Mr. Putin annexed Crimea, 2014, his approval ratings at home soared even as European countries, the United States and others responded with sanctions that threatened Russia’s economy.

The global financial crisis could put on hold Russia's plans to unclog jammed roads, rebuild aging power stations and patch up leaky pipes in a massive infrastructure revamp that could cost up to ...

Countries around the globe are sanctioning Russia over its invasion of Ukraine. The country had seen a robust pandemic economic recovery, but that's in jeopardy now. The longer-term impact of ...

Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines, as the costs of the Ukraine war and Western ...