Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two ...

MOSCOW (Reuters) -Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that rising trade tariffs carried ...

Russia's military-driven budget is under increasing strain as falling energy revenues, rising war costs, and economic ...

In June, Russia's manufacturing Purchasing Managers' Index sank to 47.5 — its sharpest pace of contraction since March 2022, according to S&P Global.

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

MMK's management warned that it did not expect business to pick up any time soon, as demand for its products dries up.

Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.