Economy Minister Maxim Reshetnikov said earlier during the St. Petersburg Economic Forum that the economy is “on the verge of ...

President Vladimir Putin claimed on June 20 that Russia's economy is strong despite war and sanctions, brushing off mounting ...

Slumping Russian steel demand, due to a construction slowdown amid broader economic weakness, may force some of the country’s ...

Russias economy may cool excessively due to persistently high interest rates, potentially hindering its return to sustainable ...

TASS/. The slowdown in Russia’s economic growth was part of a planned course of action, and current debates are centered on whether the economy should now be accelerated, Russian presidential ...

Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls ...

The figures appear to reflect a broader economic slowdown as sanctions, inflation, and the loss of Western companies continue to wreak havoc on key sectors. According to Russian analytical agency ...

"According to current business perceptions, we are already, it seems, on the verge of a transition to a recession," Russian ...

In the meantime, a marked slowdown in the Russian economy has surprised some economists. "The sharp slowdown in Russian gross domestic product growth from 4.5% year-on-year in the fourth quarter ...

Russia's central bank kept borrowing costs at a two-decade high of 21 percent on Friday to combat rampant inflation, despite banks and businesses warning the economy was headed for a slowdown.

Russia’s economy faced a sharp slowdown in February, stoking fear in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports. The Kremlin’s ...