Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

The only beneficiary of the civil sector of the Russian economy this year is the funeral business. — Ukrinform.

MMK's management warned that it did not expect business to pick up any time soon, as demand for its products dries up.

Russia's military-driven budget is under increasing strain as falling energy revenues, rising war costs, and economic ...

The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two ...

Vehicle sales have been hit hard by stricter rules on car loans and high interest rates imposed by Moscow amid economic ...

MOSCOW (Reuters) -Russian Foreign Ministry spokeswoman Maria Zakharova said on Thursday that rising trade tariffs carried ...

Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.