About half of Russia's military budget is off the books, according to Craig Kennedy, a former Morgan Stanley investment ...

Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale ...

Gazprom is considering cutting about 40% of its headquarters staff - more than 1,500 job cuts - as the Russian gas giant ...

Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...

The reality is that the financial underpinnings of Russia’s war economy increasingly look like a house of cards — so much so that senior members of the governing elite are publicly expressing concern.

Russia will facilitate Vietnam’s participation in the BRICS bloc of developing economies as a “partner country.” ...

Two Russian energy giants are set to be sanctioned by the UK and US as the west piles more pressure on Vladimir Putin’s ...

President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...

Proceeds from oil and gas sales for Russia's federal budget in 2024 jumped by more than 26% to 11.13 trillion roubles ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...

While Western sanctions have targeted Russia's economy and military production, loopholes have allowed Moscow to largely ...

Russia’s economy is expected to cool down in 2025 after leaving a year fighting inflation behind. The Russian economy is estimated to have wrapped up 2024 with a 3.9% growth, according to data ...