MOSCOW (Reuters) - Russian poverty rates will return to 2007 levels this year as the economy continues to contract and inflation reduces people's purchasing power, the World Bank said on Wednesday.
The Russian economy is stuck in what might be described as negative equilibrium: holding itself together while steadily destroying its own future capacity. Export revenues are falling, and economic ...
The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...
Russia's economy grew by one percent in 2025, President Vladimir Putin said on Tuesday, marking a much slower expansion compared to the 2024 figure as it stutters under the burden of the Ukraine war.
Even as President Donald Trump insists Russia has the upper hand in its war against Ukraine, economists say the country’s position is weaker than ever because the Kremlin has burned through most of ...
BERLIN, March 4 (Reuters) - Germany's intelligence service on Wednesday accused Moscow of hiding the true cost of the war in Ukraine, saying Russia's budget deficit in 2025 was more than 2.36 trillion ...