The budget indicates that Russia will continue to fight largely as it has, locking it in a grinding war of attrition.

A Russian propagandist has warned that the country is facing economic collapse as a result of systematic Ukrainian strikes on ...

Ukraine's strategy, targeting critical infrastructure like the Druzhba pipeline and Blue Stream, was Russia's vulnerability, ...

Alexander Kokcharov, geoeconomics analyst for Russia, Eastern Europe and Central Asia at Bloomberg Economics, told Newsweek ...

Russia might be able to turn its defense industry into a viable source of revenue by selling weapons to allies like China, ...

How long can the Ukrainian military hold up versus how long can the Russian economy hold up.” Tougher sanctions, including ...

Russia’s central bank is cutting its benchmark interest rate by one percentage point to 17%, a step that could support growth and business activity as the economy slows and the government budget ...

Amid Russia's dwindling economic prospect, the number of registered businesses operating in in the country has fallen to lows ...

Russia said on Wednesday it was economically stable and its army was advancing in Ukraine, rejecting comments by U.S.

Moscow is having to make fiscal changes to cope with the amount of cash being spent on its invasion of Ukraine.

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank cut its key rate to 17% from 18%.

Hungarian Prime Minister Viktor Orbán said Friday that Hungary will continue to source fossil fuels from Russia despite ...