The Russian economy is in the throes of a deepening crisis as its currency, the ruble, continues to plummet to record lows, ...

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

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

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

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

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 ...

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

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

In fact, Russia's economy runs the risk of overheating, warned Elvira Nabiullina, the country's central bank governor, as she hiked the country's key interest rate to 16% last Friday, according to ...