Inflation hasn't spared Russia. At his end-of-year press conference, Vladimir Putin himself acknowledged that inflation, a ...

Russia’s focus on armaments is draining its industrial base, straining companies vital to the economy. As the war in Ukraine ...

The plunging Russian currency, the ruble, has added to inflationary pressures in Russia, British officials have said, as the ...

The Russian economy is beginning to falter, with inflation exceeding 9 percent. The central bank has raised the main interest ...

Peter Magyar, the opposition challenger to Prime Minister Viktor Orban, told Reuters he would keep Hungary firmly anchored in ...

Ukrainian transit gas deal to Europe ended on Jan. 1. For now, the most acute effects are being felt in a region called ...

Azerbaijani leader Ilham Aliyev is demanding answers, saying Vladimir Putin's latest apology "isn't enough" and that Moscow ...

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

President Vladimir Putin’s invasion of Ukraine triggered an economic boom in Russia built on the back of government stimulus.

Spurred by stronger trade relations, stores selling Russian products have popped up in China – but many are doubting their authenticity.

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

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