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

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

Food prices are rising at a significantly faster pace than the headline rate, driven by fresh produce, dairy, and basic ...

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 ...

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

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 ...

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

Russia’s economy is under growing strain as its invasion of Ukraine drags on and Western sanctions are undermining President ...

Senate Republicans are warning Russia that economic punishment is definitely on the way if President Vladimir Putin refuses ...