Hungary's prime minister says the European Union must abandon its policy of sanctioning Russia for its war in Ukraine or risk ...

"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high ...

The hike in interest rates has sent shockwaves through Russian company boardrooms, as firms face up to crippling debt burdens ...

EXCLUSIVE: A defence analyst suggested the threat of a nuclear war will only increase the longer the conflict continues.

Germany has refused to allow a Russian liquefied natural gas shipment at the Brunsbuttel terminal in northern Germany in line ...

The price of a butter slab has spiked 26% since December, reflecting how inflation is unraveling for the average Russian in ...

A September report from the Stockholm Institute of Transition Economics argues that while Russia will not face a “full-blown” ...

Russia is likely to face serious problems soon, as its economy has proven to be less resilient than the government claims, ...

The German Economy Ministry instructed its state-operated gas import terminal to reject a delivery of Russian liquefied ...

At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.

Russia can afford to fund its war on Ukraine for several more years, according to economists, because of massive oil revenue ...