The slowdown reflects the limits of Russia's war-fueled expansion, driven by military spending at the expense of civilian ...

Falling inflation has persuaded the central bank in Moscow to continue relaxing the country’s record borrowing costs.

The IMF now expects Russia's economy to grow 0.9% in 2025, down from the 1.5% it had projected in April.

Military production and defense spending are propping up Russia's economy and may shape its future long after the war in ...

Friday marked the second-straight time the Bank of Russia cut its interest rate after it lowered borrowing costs in early ...

Amid high inflation, Russia is preparing to cap prices on staple food items, a move analysts say signals a shift toward a ...

Russia’s private sector output contracted in July at the fastest pace since October 2022, with both manufacturing and ...

Russia’s economy is weakening beneath wartime spending and sanctions pressure. With banking stress rising, oil revenue shrinking, and Trump’s new ultimatum looming, the cracks are now impossible to ...

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that "inflation has really subsided markedly over the past few months. The ...

India is now staring down two major problems at once. On one side, fuel demand is falling fast. On the other, the United ...

Russia's central bank today lowered interest rates to 18% from 20% earlier, its steepest cut in more than three years as ...

ECONOMIC SLOWDOWN Russia is seeing a sharp slowdown in economic growth as the budget comes under pressure from falling energy revenues and the central bank is trying to bring down inflation.