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A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.
Russia's manufacturing Purchasing Managers' Index sank to 47.5 — its sharpest pace of contraction since March 2022, according ...
Russia’s economy is spiraling as sanctions bite, oil revenues collapse, and food prices soar. With inflation surging and ...
Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the ...
Russia has faced economic turbulence caused by sanctions imposed after Putin's full-scale invasion of Ukraine that are aimed at choking Moscow's military machine. Strong GDP has been driven by high ...
Record-low unemployment and ultra-hot inflation have put Russia “on the brink” of a recession, its economy minister said.
Russia's Economy Minister Maxim Reshetnikov says the country is on the brink of a recession. Reshetnikov delivered the warning Thursday at the St.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Maxim Reshetnikov, Russian economy minister, June 19 at the St. Petersburg International Economic Forum: "Based on current business sentiment, it seems to me we are on the brink of transitioning ...
A disruption to global oil flows could send prices higher. That would be good news for Russia, with oil being a key lifeline ...
President Vladimir Putin has praised Russia’s economic outlook, saying it has managed to curb inflation and ease its reliance on energy exports ...
Russian President Vladimir Putin on Friday dismissed claims the war in Ukraine is devastating the Russian economy, citing ...