Russia is grappling with severe inflation, forcing its central bank to maintain a punishing 18% key interest rate to cool ...

Russians are likely to face higher taxes as the burden on the budget grows and the Central Bank of Russia says that "the ...

In particular, cutting off the “shadow fleet” of tankers that deliver Russia’s oil under the radar would send the war economy ...

In a desperate bid to save money, businesses across the country are implementing a stringent programme of wage cuts and ...

This is an audio transcript of The Economics Show podcast episode: ‘Why Russia’s wartime economy is starting to crack. With Elina Ribakova’ Sam Fleming Since the invasion of Ukraine, Russia has been ...

As a result of the ongoing wealth destruction, the adverse effects of the war on Russia’s economy are becoming increasingly ...

According to the intelligence service, the civilian sector is stagnating: companies are sending workers on unpaid leave or ...

Hit by falling oil revenues and Western sanctions, growth in the country has slowed while the budget deficit has exploded.

A recent quarterly issue of the Institute for Economic Forecasting of the Russian Academy of Sciences (INP-RAN) stated that Russia’s annual GDP growth since June 2024 was only 1.4 percent, and ...

Russia's jobless rate is at a record low, but "hidden unemployment" is rising.

Reuters FILE PHOTO: A board with the logo of Kamaz is on display at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 17, 2022. REUTERS/Anton Vaganov/File Photo ...