Russian Finance Minister Anton Siluanov said state assets would be privatized this year in a plan worth $1.2 billion.

The president has slapped fresh restrictions on Russia’s two largest oil companies, in response to what he calls Vladimir ...

U.S. Treasury Secretary Scott Bessent said that Vladimir Putin’s envoy Kirill Dmitriev is a Russian propagandist who lies ...

Last month, it was also claimed that Russia has lost some 486,000 businesses since 2022, leaving the country with 3.17 ...

Russia's state-owned railway monopoly Russian Railways plans to reduce management jobs as the company faces lower freight volumes and a broader slowdown in the Russian economy, Interfax news agency ...

After months of restraint, President Trump’s move to blacklist Lukoil and Rosneft will hit Russia where it hurts.

US President Donald Trump has announced what he called "tremendous" new sanctions against two of Russia's largest oil ...

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates.

Italy summoned Russia's deputy ambassador on Tuesday to protest at what it said were "vulgar" remarks by Moscow's foreign ...

The Russian economy is balancing on the edge of recession, yet the war could go on for years. Its financing appears to have ...