By Ben Aris in Berlin Russia’s federalbudget deficit reached RUB4.3 trillion ($47.6bn), or 2% of GDP, in the first 11 months ...

Russia could face a systemic banking crisis by October 2026 if problem assets continue to rise and depositors start ...

Honour guard soldiers march during a rehearsal for the Victory Day military parade, which will take place at Dvortsovaya (Palace) Square on May 9 to celebrate 80 years after the Allied victory in ...

MOSCOW (Reuters) - The Russian central bank has sought to dismiss rumours about a possible freezing of retail deposits, which have seen explosive growth in recent months due to rising interest rates ...

IN 1997, JUST a year before the Russian financial system melted down, five men met in a kindergarten after the children had gone home and worked out a plan to start a bank. One of the men was Dmitri ...

No matter the outcome of ongoing ceasefire negotiations over the war in Ukraine, Russia will remain an acute security threat to Ukraine, Europe, and the United States. The sanctions tool kit will ...

The incoming Trump administration doubtless wants a strong hand to begin negotiating with Russia on peace with Ukraine. Moscow is providing an opening with its precarious economic situation. Despite ...

Russia’s fuel crisis is worsening, and officials are no longer able to conceal the scale of the problem. The Federal Antimonopoly Service has begun issuing warnings to gas station operators across the ...