New figures show that Russia's foreign trade surplus decreased by 15.9% in the first four months of 2025 compared to the same ...

The 1998 crisis worsened the situation, as a global recession and falling commodity prices led to fiscal imbalances and ...

In monthly terms, this means consumer prices increased by 0.4%, going by figures from the Federal Statistics Service. Reports ...

ANDREI YAKOVLEV is an Associate at Harvard University’s Davis Center for Russian and Eurasian Studies and a Visiting Research ...

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of ...

The Kremlin has withstood pressure for an immediate cease-fire as a precondition for peace talks, but the Russian president’s push for normalizing relations with the United States appears in limbo.

Russia's supply of cheap oil is running out, another major blow for Vladimir Putin as he continues to grapple with a growing economic crisis. Businesses and consumers across the country are ...

HAVANA - Russia said its businesses would invest more than $1 billion in long-time political ally Cuba by 2030, Cuba's presidency said on Thursday, promising a lifeline for the communist-run Caribbean ...

A telephone call between the two leaders was the latest chapter in a flurry of diplomatic maneuvering over ending the ...