Russians are likely to face higher taxes as the burden on the budget grows and the Central Bank of Russia says that "the ...

The wartime mobilization of Russia’s economy has drained its reserves, though the country has so far avoided slipping into ...

Moscow is preparing to raise taxes and cut spending as it tries to maintain high defence expenditure with Russia's economy ...

Military production and defense spending are propping up Russia's economy and may shape its future long after the war in ...

Republican insists sanctions could become necessary to punish Kremlin leader for snubbing diplomatic discussions on ending ...

In July, Russia collected 787.3 billion rubles, or $9.8 billion, from oil and gas revenue — 27% lower than a year ago.

Former Vice President Pence urged the Senate on Thursday to pass a major sanctions bill against Russia, arguing that the ...

President Donald Trump is willing to “crush” Russia’s economy with sanctions if Russian President Vladimir Putin refuses to ...

The violence drew concern from human rights groups. “Central Asian migrants seeking work in Russia due to dire economic ...

Russian companies are widening their campaign to find young African women to help fill a labor shortage, heightening concern ...

With a Friday deadline for Russia to agree to peace in Ukraine or have its oil customers face secondary tariffs, Trump has ...

Russia's military industry is likely to expand even after the Ukraine war ends, wrote a think tank. Military spending is driving Russia's economy, sustaining it despite Western sanctions.