Russia's central bank governor Elvira Nabiullina gave an impassioned defence of the country's banking sector to Communist ...

Russia's tight monetary policy has failed to curb price growth and has created risks of an economic slowdown, dragging the ...

"The Russian economy is effectively facing the threat of stagflation — simultaneous stagnation or even recession and high ...

Prices of potatoes — a Russian staple — have surged by 64% this year.

Russian airlines may close hundreds of domestic flights from 1 January 2025 due to the lack of government subsidies. Source: ...

The hike in interest rates has sent shockwaves through Russian company boardrooms, as firms face up to crippling debt burdens ...

Per the Russian state-run news agency TASS, Sberbank said that it “plans to conduct” its pilot within “the framework of ...

The price of potatoes - a staple of the Russian diet - have increased by 64 percent this year, according to the latest ...

Almost three years after Russia invaded Ukraine, the West’s financial sanctions have finally started to bite, triggering ...

This has fuelled persistent inflation and consumer spending, ultimately leading to economic overheating, which the Bank of ...

In a recent consumer lending report, Russia’s Central Bank proposed capping the provision of mortgage loans for periods ...

Russia implements crypto tax system treating digital assets as property, requiring miners to pay taxes on both mining and selling activities ...