War experts believe Moscow is planning a summer offensive in Ukraine. Economic and military pressures closer to home could ...

Major Russian exporters including Rusal and Gazpromneft have cut the planned volume of commodities like metal and oil ...

Finance ministers and central bank governors from the Group of Seven democracies pledged on Thursday to address "excessive ...

Vladimir Putin could be forced into peace negotiations over his invasion of Ukraine because Russia could "run out of tanks" ...

The 1998 crisis worsened the situation, as a global recession and falling commodity prices led to fiscal imbalances and ...

After delaying an earlier ultimatum, the European Union has passed a new sanctions package against Russia. The sanctions come ...

It comes as businesses and consumers across Russia grapple with the effects of spiralling inflation and high interest rates.

The European Union has now targeted Moscow’s fleet of covert oil tankers and plans more restrictions, as the Trump ...

BRUSSELS (Reuters) -The Russian economy is in an increasingly precarious state as a result of a shift to a war mode and of ...

Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new ...

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of ...