Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Domestic activity has become strained in recent months by labour shortages and high interest rates introduced to tackle ...

The Russian ruble is back. The USD/RUB exchange rate has retreated from last year’s high of 114.45 to the current 98.30, its ...

(chart) The amount of cash in Russia’s ... but in the final version it was increased by a quarter; Russia spent 6% of GDP (RUB10.3 trillion) on defence in 2024 but MinFin plans to increase ...

Russia’s economy may continue to shrink in 2023. Its GDP is forecast to decline by 2.5% in the worst-case scenario (OECD) or by 0.2% according to the World Bank. The IMF expects growth in 2023 (0.7%).

The Russian economy is facing the prospect of a huge rise in corporate bankruptcies as firms are driven to the edge by a record key interest rate. The Center for Macroeconomic Analysis and Short ...

Russia's economy has been diminished by its invasion of Ukraine, and it could end up looking like it did at the end of the Cold War era as critical components of growth deteriorate, according to ...