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 ...

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

In March 2022, as Russia's invasion of Ukraine was unfolding, U.S. President Joe Biden said that Western sanctions were ...

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

The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

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

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

Russia’s central bank has left its benchmark interest rate at 21%, holding off on further increases as it struggles to snuff ...

The tsarist Russian army, having exhausted the Prussians, was on the march and threatening Berlin. But then the unthinkable happened: Empress Elizabeth of Russia died, and her Prussophile successor, ...

The picture is a far cry from the West's claims that its sanctions would collapse the Russian economy and cut it off from the ...

Russia’s once-dominant gas supply to Europe via Ukraine, which flowed for decades, is set to end on New Year’s Day with the ...