For a while, it looked as if Russia’s economy had beaten the odds. After Western sanctions, oil embargoes and the cost of war ...

The Kremlin's commitment to the Ukraine war was in focus this week after the finance ministry released its 2026 draft budget.

Russia's GDP growth is expected to fall short of the 2% annual growth target required to cover defense, security, social ...

How long can the Ukrainian military hold up versus how long can the Russian economy hold up.” Tougher sanctions, including ...

Russia might be able to turn its defense industry into a viable source of revenue by selling weapons to allies like China, ...

The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition.

Ukraine's strategy, targeting critical infrastructure like the Druzhba pipeline and Blue Stream, was Russia's vulnerability, ...

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget ...

Soaring fuel prices and refinery shutdowns leave pumps empty across Russia, with the Kremlin warning gas station owners not ...

VLADIVOSTOK, Russia (Reuters) -President Vladimir Putin denied on Friday that Russia's economy was stagnating, despite a report from the central bank that suggests it is technically in recession. In a ...

Russia said on Wednesday it was economically stable and its army was advancing in Ukraine, rejecting comments by U.S.

Hungarian Prime Minister Viktor Orbán says Hungary will keep buying fossil fuels from Russia despite demands from President ...