Conventional economic theory suggests that bankruptcy allows inefficient businesses to fade away, creating market niches for ...

The Bank of Russia has more serious concerns than having to manage the fallout from U.S. sanctions on Gazprombank, which sent ...

Delays in the payment of pensions or in the military cannot be ruled out. Russian society fears a return to the chaos of the ...

When Russian President Vladimir Putin waged war on Ukraine, he also sparked an economic battle for his people.

The war he started in 2022 by invading Ukraine, he implied, was another such moment. “We are witnessing the formation of a ...

Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against ...

With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale ...

The ruble reached a two-year low against the backdrop of growing economic problems in the russian federation, caused by a ...

Inflation has again spiked in Russia in recent months, fuelled by massive public spending on the Ukraine war and big wage ...

Russia’s economy has been going gangbusters for more than two years now as the government floods the country with funds to ...

The head of Russia’s central bank, Elvira Nabiullina, stated on Tuesday that the bank may begin gradually lowering its key ...