News

MMK's management warned that it did not expect business to pick up any time soon, as demand for its products dries up.
The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two ...
At this year’s St. Petersburg Economic Forum—a once-prestigious event that has grown increasingly insular—Russian economic ...
Vehicle sales have been hit hard by stricter rules on car loans and high interest rates imposed by Moscow amid economic ...
Russia's largest truck manufacturer, Kamaz, will reduce its working week to four days starting Aug. 1 due to a dramatic ...
Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.
The worsening fuel shortage and increasing prices over the past two years have forced Moscow to apply temporary gasoline ...
Despite Western sanctions, Russia’s economy remains strong. From agricultural self-sufficiency to abundant raw materials, ...