In 2022, the G7 nations, Australia and the European Union implemented a price cap of $60 a barrel on Russian crude oil to limit how much Moscow can make from its crude oil exports. The EU is a ...

It said Russia's GDP equalled 201.2 trillion roubles ($2.41 trillion) in 2024. Sign up here. The agency said one factor behind the revision was higher growth in the construction industry ...

President Donald Trump on Wednesday unveiled his reciprocal tariffs plan, announcing at least 10% additional rates on ...

China’s exports will be squashed by Donald Trump’s tariffs, regardless of whether the U.S. president hits them with an extra 50% levy as he threatened on Monday. The problem for Beijing is that ...

(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 is raising the cost of sweets in the country by 50% as the economy continues to flatline, according to a Ukrainian economist. Kyrylo Shevchenko says that the price increase is not due to ...

Russia’s economy faced a sharp slowdown in February, stoking fear in the country just as a brewing global trade war is expected to hit prices for its oil and gas exports. The Kremlin’s ...

Moscow is hinting that the company would be welcomed back as part of a thaw under President Trump. Industry skepticism runs ...

It said Russia's GDP equalled 201.2 trillion roubles ($2.41 trillion) in 2024. The agency said one factor behind the revision was higher growth in the construction industry, the estimate for which was ...