The factory has been forced to halt production in the wake of the attack, and as a result it is believed to be haemorrhaging money.

A Russian Railways document seen by Reuters reveals the country's major exporters - including the aluminium giant Rusal and ...

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 ...

A massive Russian drone and missile attack on Kyiv Saturday wounded at least 15 people, even as Russia and Ukraine continued ...

Moscow’s battlefield edge is waning, experts say. But President Donald Trump seems disinclined to ramp up pressure on the ...

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 ...

Russia seems reluctant to pursue peace at the moment as the country is widely believed to be planning a new summer offensive ...

Almost one third of Russia's total expenditures is classified and the word "secret" appears 39 times in the budget when it was adopted last December, the Russian news outlet RuNews24.ru reported.

As Ukrainian drones strike deep into Russian territory, they are disrupting day-to-day life and reminding Russians that the ...

European Commission Executive Vice President Valdis Dombrovskis said the G7 ministers discussed proposals for further ...