Russia's Minister of Economic Development, Maxim Reshetnikov, acknowledged at the St. Petersburg International Economic Forum ...

The war’s impact has dampened the outlook for global economic growth, which fell below the two-decade average of 3.8% based on the annual World Economic Outlook to 3.4% in 2022 and is expected ...

Oil prices fell on Monday, as the latest European sanctions on Russian oil are expected to have minimal impact on supplies, ...

The Organization for Economic Cooperation and Development (OECD) says Russia's war in Ukraine, now in its eighth month, will have a greater impact on the global economy than previously expected.

Russia’s attack on Ukraine Wednesday means the conflict will take a bigger toll than believed on the U.S. economy as it drives oil prices and inflation higher and intensifies supply chain snarls.

Russia’s Ukraine invasion could be a global economic ‘game changer’ Soaring gas prices and rapidly shifting trade decisions suggest events of the past two weeks will be felt everywhere for years ...

Feb. 15 (UPI) --Europe is facing strong economic headwinds. Record inflation, the need to recover from the pandemic, and a divided response to Russian troop deployments along the Ukraine border ...

Former Russian President Dmitry Medvedev on Friday predicted the Russian economy would withstand the European Union's latest ...

A potential Russian invasion of Ukraine could negatively impact the pocketbooks of average Americans, who are already facing higher prices and rising inflation. Moscow’s saber-rattling has led ...

Impact on the Russian Economy. According to Elina Ribakova, deputy chief economist at the Institute of International Finance, "We are looking at a double-digit economic contraction already" in Russia.

BRUSSELS -- The European Union approved on Friday a new raft of sanctions against Russia over its war on Ukraine, including a ...

Oil prices fell on Monday as the latest European sanctions on Russian oil were expected to have minimal impact on supplies, ...