Russia’s central bank, led by Governor Elvira Nabiullina, has kept its key interest rate very high at 21%. This rate makes ...

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

The chances of a banking crisis in Russia have increased amid high interest rates, a Kremlin-linked think tank has warned.

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

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 ...

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 ...

Economists have warned for months of a slowdown in Russia’s economic activity, with falling oil prices, high interest rates and a downturn in manufacturing all contributing to headwinds.

Russia’s economic growth has slowed drastically in the first quarter of 2025. Source: The Moscow Times, citing Russia’s Ministry of Economic Development Details: Between January and March, GDP grew by ...

Further drops in prices for Russia's export goods, particularly oil, could become a "key risk" for Russia, the bank said.

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.