The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.

“Russia has one of the lowest projected long-term growth rates and one of the highest levels of country risk in the world,” says Heli Simola, senior economist at the Bank of Finland in a blog post.

Moscow has expanded military recruitment and boosted weapons production. Peace could jeopardize the resulting economic gains.

The largest Russian exporters, including Rusal and Gazpromneft, have reduced their planned volume of railway shipments for ...

Russian economy continues to struggle as the country's largest maker of combine harvesters and tractors reports demand for its machines has collapsed. The company Rostselmash said on Friday it had ...

Russia's economy is experiencing a sharp slowdown in growth, according to a report released by the governmental statistics agency Rosstat on May 16. Gross domestic product (GDP) only grew by 1.4% in ...

The catch, as reported by Forbidden Stories, a network of investigative journalists, was that African Initiative is run by Russian intelligence ... 19 and China’s economy.

"So we must prepare to expand devastating sanctions that could suffocate once and for all Russia's economy." The 17th package sees some 200 'shadow fleet' tankers sanctioned. Two countries still ...

LONDON, May 14 (Reuters) - Europe is on track to replenish its depleted natural gas storage network using almost no Russian pipeline supplies for the first time ever. But the region's plans to ...

Copyright 2025 The Associated Press. All Rights Reserved. Copyright 2025 The Associated Press. All Rights Reserved. From left, Italy’s Finance Minister Giancarlo ...

BRUSSELS (AP) — Russia’s economy is under growing strain as its invasion of Ukraine drags on and Western sanctions are undermining President Vladimir Putin’s ability to sustain his war ...