Inflation hasn't spared Russia. At his end-of-year press conference, Vladimir Putin himself acknowledged that inflation, a ...

Russia’s focus on armaments is draining its industrial base, straining companies vital to the economy. As the war in Ukraine ...

The Russian ruble was 110 to the U.S. dollar on Friday, and while this is not the lowest level it has reached in recent weeks ...

President Vladimir Putin’s invasion of Ukraine triggered an economic boom in Russia built on the back of government stimulus.

This is due to the inflationary effects of the depreciation, labour shortages and high government spending. It comes as Putin ...

Azerbaijani leader Ilham Aliyev is demanding answers, saying Vladimir Putin's latest apology "isn't enough" and that Moscow ...

Industrial production has screeched to a halt in Transnistria, a breakaway region of Europe, after Russian gas flows through ...

Putin is dangerously close to having to choose between "guns and butter" if the war with Ukraine continues, a leading Russia ...

The cut-off of Russian gas supplies to Moldova's breakaway Transdniestria region has forced the closure of all industrial ...

Moscow breakaway region of Transnistria halted almost all industrial activity except for food production, following the end ...

During her visit to Ukraine, Foreign Minister Þorgerður Katrín Gunnarsdóttir visited one of the energy facilities that was ...