Russia’s economy has gone through cycles of boom and bust, from its Soviet-era strength to modern-day struggles under sanctions and structural weaknesses. While it remains a global power in energy and ...

A new report suggests that Russia’s economic strength is “misleading” as the country, under heavy Western financial sanctions ...

In monthly terms, this means consumer prices increased by 0.4%, going by figures from the Federal Statistics Service. Reports ...

It comes as businesses and consumers across Russia grapple with the effects of spiralling inflation and high interest rates.

Russia faces a crisis whether it continues the war or not, economist Alexander Mertens says. He pointed to signs of economic distress like high inflation and interest rates. War spending has been ...

A leading economist has been telling EU finance ministers that Russia’s economy is under growing strain as its invasion of ...

ANDREI YAKOVLEV is an Associate at Harvard University’s Davis Center for Russian and Eurasian Studies and a Visiting Research ...

However, as the crisis deepened, it became apparent that Russia would not be exempt from the economic downturn. Frozen credit markets, rapidly declining energy prices, and significant investor ...

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Venezuela’s economic crisis is worsening, with inflation expected to reach nearly 200% in 2025 Venezuela is turning to its geopolitical allies, Russia and China, to counter a deepening economic ...

HAVANA (Reuters) - Russia said its businesses would invest more than $1 billion in long-time political ally Cuba by 2030, Cuba's presidency said on Thursday, promising a lifeline for the communist-run ...