After years of insulation from the effects of Vladimir Putin’s war, Russia’s economy is finally starting to take a hit.

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates.

Amid Russia's dwindling economic prospect, the number of registered businesses operating in in the country has fallen to lows not seen since 2010, Ukraine's foreign intelligence service (SZRU) ...

The U.S. has hit Moscow’s biggest oil producers at a vulnerable time for the country’s economy.

Russia needs to increase its state debt to support economic growth and VTB , its second biggest bank, is ready to ramp up government bond purchases to help finance budget needs, Chief Executive Andrey ...

Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the ...