Russia’s economy is sinking — and ordinary citizens are feeling the pain. As the war in Ukraine drags on, the cost of sustaining it is hitting Russian households hard. Electricity and gas bills are ...

The Economic Development Ministry mentioned the stepping up of the protectionism policy, the slowdown of disinflation process, as well as escalation of geopolitical tensions, among the main risks ...

Russia’s quarterly GDP may have shrunk between January and March for the first time in nearly three years, the Vedomosti ...