Russia has blown through 57% of its sovereign wealth fund since the onset of the Ukraine war, when it stood at 8.9 trillion ...

As Russia’s economy continues to struggle since the start of the war in Ukraine, Moscow is now facing a sharp decline in oil, ...

Still, China remains vital to Moscow's post-sanction survival, with Beijing buying discounted Russian oil and gas, shielding ...

A massive £214bn worth of capital was diverted out of Russia as the country's economy suffers due to sanctions.

With about 30,000 to 45,000 Russian troops killed or injured in Ukraine each month, Moscow can likely only afford another 12 ...

UK says soaring inflation and high interest rates will affect Moscow's ability to maintain defence spending at current levels ...

Russian state statistical agency Rosstat raised its estimate of gross domestic product growth for 2024 on Friday to 4.3% from ...

Oil prices fell to four-year lows as the U.S. and China stepped up their trade war, putting extra pressure on Russia's key ...

Charles Hecker, a geopolitical risk consultant, says a lot of questions about the country’s future need resolving before ...

U.S. President Donald Trump has inadvertently hit Russia’s economy after his "Liberation Day" tariffs caused oil prices to drop drastically on April 7, with potentially massive ramifications for the ...

During a meeting on Friday, Putin confirmed that the funds would be used to upgrade Russia's naval vessels and aircraft.