Russia’s focus on armaments is draining its industrial base, straining companies vital to the economy. As the war in Ukraine ...

By Yakov Feygin in Pennsylvania Yakov Feygin joins the debate on whether the Russian government can withstand an economic ...

Inflation in Russia has reached its highest levels in nearly a year, driven by war spending and rising food prices, The ...

Putin called 2025 the "year of the Defender of the Motherland" in his New Year's Eve address on Tuesday.

Russia's inflation has reached 9.5% this year, according to new weekly data showing that the consumer price index rose by ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

More than 90 percent of Russia-made vodka is consumed domestically and is one of the most popular drinks in the country.

Speaking on the 25th anniversary of his rule, President Vladimir V. Putin delivered an upbeat and vague New Year’s Eve ...

With soaring inflation and the ruble dropping to one of its lowest levels against the dollar since President Vladimir Putin ...

Oil prices settled higher on Tuesday, driven by concerns over limited supply from Russia and Iran because of Western ...

Germany has struggled with rising prices due to the impacts of the COVID-19 pandemic and Russia's invasion of Ukraine. The ...

To curb accelerating inflation fueled by war expenditures, Russia's Central Bank has raised its interest rate from 7.5% in July 2023 to the current 21% — the highest level since the early 2000s.