Fossil fuel revenues form the backbone of Russia's economy, which has been buffeted by sanctions following Vladimir Putin's ...

Last month, Russia's economy minister Maxim Reshetnikov warned of the country being "on the brink of recession" while at the ...

Russia has weathered sweeping economic sanctions over the Ukraine war better than many expected, but the months ahead could pose a tougher test. Russia's economy holds up, but challenges lie ahead ...

Russian minister Maxim Reshetnikov has warned that the country's economy was teetering "on the brink of recession".

Russia’s economy is teetering on the brink of recession as the war in Ukraine continues to drain its resources. -Top Russian officials, including the head of the Central Bank, have issued rare public ...

The Russian economy has adapted to Western sanctions and inflation is now slowing, but turbulent times and major technological shifts lie ahead, central bank governor Elvira Nabiullina said on ...

Factbox-Five Key Challenges for the Russian Economy in 2025. More. Reuters. FILE PHOTO: A general view of the city skyline at night in Moscow, Russia, September 17, 2024.

Russia's new sanctions-busting method is "netting," an accounting tactic.

FILE - Russian President Vladimir Putin gestures while speaking at a news conference following a meeting of the State Council at the Kremlin in Moscow, Russia on Dec. 22, 2022. Russia's economy ...

Russia's economy has remained resilient in the face of sanctions and other trade and financial restrictions, but that could be changing now as economic challenges mount. After more than a year of ...

Despite this, increased wartime activities have meant the Russian economy grew by 3.6% last year. However, the CEO of Russia's largest bank, Sberbank, has now said that this growth is a sign of an ...

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. The big change could come ...