Slumping global coal prices and sanctions have put Russia’s coal industry on the brink of collapse, forcing the government to ...

According to Russian Labor Minister Anton Kotyakov, the country needs to find the equivalent of 2 million workers per year ...

Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

Officials have warned Russian President Vladimir Putin that a demographic crisis could mean the country he leads will be ...

Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after ...

The Bank of Russia dropped its benchmark interest rate by 2 percentage points on Friday, cutting it to 18% in a direct ...

Russia's wartime economy, fueled by surging military spending, has produced an illusion of growth, but the reality is grim.

The most striking feature of the current situation in Russia is the decline in economic growth compared to the previous years of 2023 and 2024, when the Russian economy grew by about 4 percent per ...

The continuing labour shortage has pushed up wages and increased inflation, which hit 9.9% earlier this year amid Western ...

Confronted with heavy casualties in Ukraine and a wave of retirements, Russia is now struggling to find enough workers to ...

In a surprisingly transparent statement, one of Russia’s highest economic authorities acknowledged the nation’s grim financial situation.. Economy Minister Maxim Reshetnikov made the ...

Russia will celebrate the 80th anniversary of Nazi Germany’s defeat on Friday with visiting heads of state and a show of armed might in Red Square, staged as a display of global clout, grandiose ...