Sergey Chemezov, the head of Russia's defence conglomerate Rostec, warned many companies could go bust as Russia's economy ...

TASS/. Russia’s GDP growth totaled 3.1% in Q3 while in the first nine months of 2024 GDP growth reached 4.1%, Adviser to Central Bank Governor Kirill Tremasov said. "Speaking about overall economic ...

This has fuelled persistent inflation and consumer spending, ultimately leading to economic overheating, which the Bank of ...

Russian airlines may close hundreds of domestic flights from 1 January 2025 due to the lack of government subsidies. Source: ...

"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high ...

Russia's growth slowed in the third quarter, official statistics published Wednesday showed, with high inflation caused by the Kremlin's massive spending on the Ukraine offensive weighing on the ...

MOSCOW, November 13. /TASS/. The Bank of Russia set the official dollar rate at 98.3657 rubles for November 14, up 41 kopecks against the previous indicator. The official euro rat ...

Russia's central bank governor Elvira Nabiullina gave an impassioned defence of the country's banking sector to Communist ...

Russia implements crypto tax system treating digital assets as property, requiring miners to pay taxes on both mining and selling activities ...

Russia's tight monetary policy has failed to curb price growth and has created risks of an economic slowdown, dragging the ...

When Russia launched its full-scale invasion of Ukraine in February 2022, the international community quickly came together ...

Prices of potatoes — a Russian staple — have surged by 64% this year.