Hit by a triple whammy of soaring loans, plummeting sales, and evaporating state support, many small-and medium-sized ...

Poland's foreign minister said Putin used to criticize the Soviet approach that helped bankrupt it, but now he's repeating ...

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

Russia says it's withstanding the impact of sanctions. Sweden's finance minister says satellite images show a different story ...

The deteriorating economic situation in Russia may prompt Vladimir Putin to engage in peace negotiations and end the war ...

While revenues did increase by 26%, this was not enough to offset Russia's staggering spending costs, exacerbated by the ...

Russian President Vladimir Putin “believes key war goals have already been met,” Reuters reported on Thursday, citing a ...

The Russian leader is reportedly facing growing pressure from Russia's elite to engage in peace talks to end the war.

About half of Russia's military budget is off the books, according to Craig Kennedy, a former Morgan Stanley investment ...

Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle inflation, which has accelerated under record military spending.

DEEP DIVE — Nearly three years into its costly war against Ukraine, Russia’s economy is faltering under the strain of ...

The Kremlin has ramped up spending to record levels to fund its military campaign, a surge that has saved the Russian economy from recession but triggered deep labour shortages and rapid price rises.