Vasily Astrov, expert on the Russian economy at the Vienna Institute for International Economic Studies, told Newsweek that ...

Russia's military-driven budget is under increasing strain as falling energy revenues, rising war costs, and economic ...

How is it that Russia has continued to sustain its war in Ukraine, even with extreme Western sanctions and warnings of collapse? The secret is a shocking transformation in how the nation operates its ...

As Russia's war with Ukraine continues to drag on, is the country's economy in trouble? That was the indication from a recent economic conference in St. Petersburg.

Russia's economy, retooled for war, is now showing signs of significant slowdown and heading towards a recession, despite initial resilience to Western sanctions. Type your search and press Enter.

Russia put its economy on a war footing after the full-scale invasion, with President Vladimir Putin making moves to boost the output of the country's defense-industrial base.