In a desperate bid to save money, businesses across the country are implementing a stringent programme of wage cuts and ...

Paula Newton speaks to Andrei Illarionov, a former adviser to Vladimir Putin, on the state of the Russian economy.

Russia spent years building a massive reserve of foreign currency to shield itself from economic shocks. But when the West ...

For years, Donald Trump criticized presidents for empty threats. He often pointed to then-President Barack Obama failing to ...

Military production and defense spending are propping up Russia's economy and may shape its future long after the war in ...

With Russia's economy strained by sanctions and weak oil, investors are betting on a breakthrough deal.

As Republicans and Democrats remain deadlocked over how to fund the government for fiscal 2026 and prevent a shutdown, Senate ...

As a result of the ongoing wealth destruction, the adverse effects of the war on Russia’s economy are becoming increasingly ...

White House advisor Peter Navarro criticized India's Russian oil imports in an op-ed after Trump announced new tariffs ...

The economy shrank 2.1% last year, Russia’s statistics agency said. The International Monetary Fund predicts 0.3% growth this year — not great, but hardly disastrous.

US Treasury Secretary Scott Bessent accused India of profiteering from Russian oil, citing $16 bn in excess profits. As the ...

In particular, cutting off the “shadow fleet” of tankers that deliver Russia’s oil under the radar would send the war economy ...