This surge in fuel expenses could trigger further hikes in consumer prices as petrol directly impacts the cost of transport, ...

Plummeting real estate sales have marked the latest blow to Russia 's economy amid ongoing sanctions and loss of trade linked ...

Russia has maintained a delicate balancing act in the Middle East for decades, trying to navigate its warm relations with ...

Russia's sanctions-hit economy has been left reeling by falling fossil fuel revenues and a slump in profitability in the country's oil refineries. Figures released by Russia's state statistics agency ...

The US president has repeatedly said he is considering new economic penalties on Russia, but has declined to follow through.

After two historic Russia-Africa summits, several conferences and bilateral meetings intended to move Russia's relations from ...

A Russian economist has warned that the country may slide into "stagflation" by the end of the year if its leaders don't take ...

After three years of doom-defying growth, Russia's heavily militarised economy is slowing, facing a widening budget deficit ...

The West, and especially the United States, holds economic levers that could push Vladimir Putin toward serious negotiations ...

Trump administration in talks with Capitol Hill to amend the Graham-Blumenthal legislation imposing sweeping sanctions on ...

Russian authorities usually present a united front on policy matters, but high interest rates, hefty budget spending and the ...

President Donald Trump kicked off the Group of 7 summit in Canada on Monday by suggesting that Russia deserves a seat at the ...