When Russian President Vladimir Putin waged war on Ukraine, he also sparked an economic battle for his people.

Conventional economic theory suggests that bankruptcy allows inefficient businesses to fade away, creating market niches for ...

Delays in the payment of pensions or in the military cannot be ruled out. Russian society fears a return to the chaos of the ...

The Bank of Russia has more serious concerns than having to manage the fallout from U.S. sanctions on Gazprombank, which sent ...

With the purchasing power of the Russian ruble hitting the lowest point since March 2022, the economic toll of the full-scale ...

Worth a fraction of a penny now, the ruble has fallen to lows not seen since March 2022 in the early days of the war against ...

Russia’s Ministry of Industry advocates for a two-year transition period before the mandatory adoption of digital ruble ...

Olga Skorobogatova resigns as Russia’s first deputy governor, casting doubt on the digital ruble and Mir system amid ...

MOSCOW, November 26. /TASS/. According to VTB, the Russian economy will grow by 2% in 2025 even with high key rate set by the Bank of Russia, bank's CEO Andrey Kostin at the plenary session of the 9th ...

Russia's banks will be less profitable in 2025 than this year as high interest rates hold back lending growth and more ...

Judging by what is being said on Russia’s home front, Putin has already lost the war and the only question is what ...

Russia's economy is facing significant challenges due to the ongoing war in Ukraine, with soaring inflation, rising interest ...