By Darya Korsunskaya and Gleb Bryanski MOSCOW, April 29 (Reuters) - The Russian economy contracted by 0.3% in the first ...
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Russian services and manufacturing PMI both contract as economy struggles under weight of war
Russia's service sector contracted for a second consecutive month in April as weak demand, falling new orders and deteriorating client finances weighed on business activity, while the manufacturing ...
The European Council (the Council) recently adopted the 20th economic sanctions package against Russia in response to the conflict in Ukraine ...
"If you (the government) do not urgently adopt financial, economic and other measures, by autumn a repeat of what happened in 1917 awaits us." ...
14:32, Wed, Apr 22, 2026 Updated: 14:33, Wed, Apr 22, 2026 Russia is facing mounting fears of a full-blown banking crisis after its key war lender suffered heavy losses, fuelling warnings that ...
MOSCOW, April 24 (Reuters) - Russian Central Bank Governor Elvira Nabiullina addressed a press conference on Friday after the central bank cut its key rate by 50 basis points to 14.5%. Nabiullina ...
MOSCOW, April 29 (Reuters) - Sberbank cut its gross domestic product growth forecast for Russia to 0.5% to 1% from between 1% and 1.5% on Wednesday after a poor first-quarter economic performance. Rus ...
ALMATY, March 17. /TASS/. The Russian economy continued to slow down at the beginning of this year, according to the Eurasian Development Bank’s (EDB) March macroeconomic review. "EDB analysts note ...
On January 19, Russia’s Ministry of Finance published a report assessing the country’s federal budget execution in 2025. The document found that Russia ran a federal budget deficit equal to 2.6% of ...
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