Oil and gas revenue is expected to account for around 27% of Russia's federal revenue in 2025, according to a draft budget ...
President Joe Biden's administration says it's expanding sanctions against Russia's critically important energy sector over ...
Russia’s focus on armaments is draining its industrial base, straining companies vital to the economy. As the war in Ukraine ...
High-ranking sources told independent Russian outlet Meduza that Russia's elites are disappointed the Ukraine war didn't end ...
Russia’s war economy, now in its third year, is facing mounting challenges, including rising inflation, labor shortages, and growing economic imbalances. While these issues strain the civilian economy ...
In the capital of Transnistria, a Kremlin-backed microstate sandwiched between Moldova and Ukraine, the festive New Year’s ...
The Russian economy is struggling, and that is likely to increase pressure on President Vladimir Putin for peace negotiations ...
With the economic outlook so bleak, time is not on Russia’s side. So far Mr Putin has prioritised his war against Ukraine ...
American firms paid Russia $1.2bn in profit taxes in 2023, according to figures shared exclusively with Newsweek.