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Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...
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 ...
Russia's military-driven budget is under increasing strain as falling energy revenues, rising war costs, and economic ...
The worsening fuel shortage and increasing prices over the past two years have forced Moscow to apply temporary gasoline ...
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bne IntelliNews on MSNCOMMENT: Why Russia's economic model no longer deliversAt this year’s St. Petersburg Economic Forum—a once-prestigious event that has grown increasingly insular—Russian economic ...
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The Kyiv Independent on MSNIn latest sign of Russian economy woes, Kamaz truck company cuts working week due to market collapseRussia'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.
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