Putin is dangerously close to having to choose between "guns and butter" if the war with Ukraine continues, a leading Russia ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

Russia's natural-gas transit deal with Ukraine is set to expire soon, which would cut billions in revenue.

Raging inflation is being driven by the billions the Kremlin is pumping into military industries as its invasion of Ukraine ...

Russian President Vladimir Putin on Thursday said that inflation is a problem in Russia and that the country’s economy is ...

Moscow's well-off shoppers are still spoilt for choice when it comes to some luxury Western goods, traders and shoppers say ...

The European Union should consider taking bolder steps such as confiscating frozen Russian central bank assets to compensate ...

The tsarist Russian army, having exhausted the Prussians, was on the march and threatening Berlin. But then the unthinkable happened: Empress Elizabeth of Russia died, and her Prussophile successor, ...

The Russian economy is showing signs of overheating which is stoking worryingly high inflation, President Putin said, ...

Despite a barrage of Western sanctions and swathes of brands quitting Russia after the Kremlin launched its Ukraine offensive ...

Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin pushes ahead with the Ukraine war.