The Russian economy has been through a lot. Over the last year, Western sanctions and crashing oil prices bruised the Russian economy. And this week was particularly bad. In an attempt to ...

Russia’s economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%).

Russia’s economy faced a sharp slowdown in February, stoking fear in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports. The Kremlin’s ...

If sanctions are lifted without any major changes to Moscow's foreign policy, Russia could accelerate the resurgence of its ...

Russia is raising the cost of sweets in the country by 50% as the economy continues to flatline, according to a Ukrainian economist. Kyrylo Shevchenko says that the price increase is not due to ...