The European Union renewed on Monday its wide-ranging sanctions on Russia over the war in Ukraine, after Hungary stopped ...

Russia's latest economic data showed it had a strong 2024 and decade-high budget revenues in December. But economists say ...

The digital RUB rollout claims new breakthrough after Russian gov’t and Central Bank announce “trial” of the CBDC in ...

One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...

The sanctions target trade, finance, energy, technology, industry, transport and luxury goods and include a ban on seaborne ...

Russia's oil and gas condensate production reached 516 million metric tons, or 10.32 million barrels per day, in 2024, Deputy ...

The minister was previously criticized for his musical taste which epitomizes nostalgia for the USSR but reiterated his ...

A day earlier, Russia's finance ministry released a report saying that the country's budget revenue in December was over 4 trillion rubles, or about $40 billion — a 28% increase compared to ...

Saudi Arabia "needs to punch at (its) weight" on the global stage given its growing institutional presence and the return of ...

The European Union will moved forward with a renewal on Russian sanctions after a deal was struck with Hungary, according to ...

“EU Foreign Ministers just agreed to extend again the sanctions on Russia,” Kallas wrote. “This will continue to deprive Moscow of revenues to finance its war. Russia needs to pay for the ...