The Bank of Russia has room for a deeper cut to its key interest rate amid slowing inflation and growing pressure from ...

Russia’s economic outlook is growing increasingly uncertain as it grapples with manufacturing declines and inflationary ...

The crisis has led to a 28-fold decline in the company's net profit for 2024, and Kamaz shareholders will receive no ...

“The economy can’t survive like this for long,” German Gref, CEO of Russia’s largest lender, state-run Sberbank, said this month. Russian Railways said it will cut investment by 40 percent ...

Russia’s sanctions-defying economy ... that the risk of a protracted systemic banking crisis in 2026 was “moderate” and growing. The economic woes increase pressure on the Kremlin by shortening the ...

But other problems tangential to the war – which were not discussed at SPIEF – centre around Russia’s ability to support and stimulate those territories of Ukraine that it has seized, to avoid them ...

Russian truckmaker Kamaz said on Friday it would reduce production and shorten its working week to combat a crisis in ...

Despite a recovery from a 1.4% contraction in 2022, the Russian economy showed signs of overheating by 2023, as wage growth and inflation accelerated. The central bank raised interest rates as high as ...

Russian President Vladimir Putin has been warned that his country is on the brink of recession as the price of potatoes soars and fails to meet high demand, with the economic impact potentially hamper ...

Russia's car industry is one part of the economy that's being squeezed. Insider's Phil Rosen reported that car sales in Moscow have tanked by nearly 75% since the Ukraine war broke out.

The economic woes add to Russian President Vladimir Putin's case for talks with U.S. President Donald Trump on ending the war in Ukraine. Trump said on Jan. 21 that Putin was "destroying Russia ...

Stubborn inflation, exorbitant borrowing costs, bankruptcy risks and a growth slowdown: the Russian economy is facing a slew of negative headlines, as the costs of the Ukraine war and Western ...