This surge in fuel expenses could trigger further hikes in consumer prices as petrol directly impacts the cost of transport, ...

The UK has announced plans for further sanctions, but Donald Trump's presence is already destablising G7 unity.

The US president has repeatedly said he is considering new economic penalties on Russia, but has declined to follow through.

The record-breaking four-million ruble (£36,987) signing bonus applied to soldiers who signed contracts in Samara Oblast.

Russia’s war economy is under rising internal pressure. With growth slowing and diplomacy stalled, Putin may soon face a ...

A Russian economist has warned that the country may slide into "stagflation" by the end of the year if its leaders don't take ...

Iran conflict could open opportunities for Russia to possibly become a power broker to help end the confrontation.

The West, and especially the United States, holds economic levers that could push Vladimir Putin toward serious negotiations ...

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

The Russian central bank lowered its key interest rate for the first time since 2022 as inflation 'pressures' were ...

Russia's economy minister Maxim Reshetnikov said on Tuesday that the central bank should ease monetary policy in a timely ...

The St. Petersburg International Economic Forum (SPIEF) is set to welcome over 20,000 participants from 140 countries and ...