Housing and utility bills in some parts of Russia are expected to soar by up to 25% as the country's economic meltdown ...

Russia’s economy faces a worsening outlook that is graver than publicly acknowledged, with a credible risk of a systemic ...

The exorbitant rates threaten to bankrupt many companies with large debt exposure and prevent firms from raising capital for ...

Since its illegal invasion of Ukraine in 2022, Russia has become the most sanctioned nation on Earth, and yet its economy has ...

In a rare public sign that all is not well in Russia, two high-ranking Moscow officials last week issued separate warnings ...

While the Kremlin remains silent on its “one million casualties” in Ukraine, a grim economic indicator is telling the story: ...

Vladimir Putin says Eurasian Economic Union interested in Middle East peace, as Iran and other countries are its trade ...

A disruption to global oil flows could send prices higher. That would be good news for Russia, with oil being a key lifeline ...

Russia's Economy Minister Maxim Reshetnikov says the country is on the brink of a recession. Reshetnikov delivered the ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Australia is deploying a surveillance plane and some 100 defence personnel to Poland in a major pledge to NATO allies.

Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing ...