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

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

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.

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

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

EXCLUSIVE: The Russian President was characteristically measured as he took part in the Kremlin's choreographed annual ...

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 ...

Russian President Vladimir Putin on Thursday acknowledged concerns over high inflation, but insisted the economy was "stable" in the face of external threats.

Russia’s central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff ...

Russian President Vladimir Putin has acknowledged mounting concerns over inflation but maintained that the countrys economy ...