Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry ...

For all the trepidation about world trade, debt and inflation, it could well be worker shortages that define economic trends ...

Russia's international reserves were reported at $609.5bn as of January 3, a fall of $1.8bn from the previous week but up ...

By Ben Aris in Berlin Russia’s runaway consumer price inflation (CPI) made more gains in December, rising to 9.5% y/y, as the Central Bank of Russia (CBR) continues to lose the fight to reign in ...

Inflation in Russia accelerated in 2024, official statistics published Wednesday showed, as the costs of Moscow's full-scale offensive on Ukraine weigh on the domestic economy.

the U.K. MOD said that drop was the latest symptom of a "continued overheating of the Russian economy." Flows of foreign currency into Russia face problems with exporter revenues limited by oil ...

The Ukrainian military said it carried out a high-precision strike on a Russian command post in Maryino, in Russia’s Kursk region, where Ukrainian forces hold chunks of territory after a major ...

Without them, he added, Russia might have even won the war by now. Russia’s economy has felt the squeeze. Spiraling inflation has prompted the country’s central bank to raise benchmark ...

It still has Russian troops on its soil and an economy that's fully dependent on Russian gas, for which the authorities in Tiraspol pay nothing. "They just have a file, where it says how much the ...

In 2024, the Kremlin's spending on the war with Ukraine will reach a record RUB 16.3 trillion (around US$147.5 billion), more than 8% of its GDP and 41% of the total central budget. Driven by an ...

Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank ...

So let's remind ourselves of some of the big moments of the year, in chart form. We begin with the ... by the population as a percentage of GDP, is now heading up to the highest level on record.