MOSCOW, Sept 8 (Reuters) - Russia's economy could contract by less than 4% in 2020, Finance Minister Anton Siluanov said on Tuesday, an improvement on previous assessments and a positive sign for an ...

Compared to the beginning of the year ($67.66 per barrel in January), the price of Russian oil has collapsed by 33%, or $23 ...

Russia's economy has been dealt yet another devastating blow as its most precious exports are being hammered. The vast country is home to many natural resources, such as oil, natural gas, coal, timber ...

The rate cut comes as Russia's economy is rapidly cooling - Copyright GETTY IMAGES NORTH AMERICA/AFP Michael B. Thomas The rate cut comes as Russia's economy is ...

Russia faces a fuel crisis, with gasoline prices rising over 30 percent due to Ukrainian drone strikes on refineries. The economy is slowing, with GDP contracting and inflation nearing 10 percent, ...

MOSCOW (Reuters) -From railways and automobiles to metals, coal, diamonds and cement, some of Russia's biggest industrial companies are putting employees on furlough or cutting staff as the war ...

MOSCOW, Dec 28 (Reuters) - Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the country's largest lender Sberbank (SBER.MM), opens new tab ...

To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a full wartime footing, the Kremlin has both splurged on ...

The International Monetary Fund lowered its 2025 GDP growth forecast for Russia to 0.6%, while keeping the 2026 estimate unchanged at 1%, according to the Fund’s latest World Economic Outlook report ...

Three and a half years since Russia’s full-scale invasion of Ukraine, with a US-led peace process on ice and a stalemate on the battlefield, Kyiv’s allies are calling for renewed economic pressure on ...