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

The Russian central bank cut its key interest rate by 200 basis points to 18% on Friday, as expected, hoping to revive ...

The worsening fuel shortage and increasing prices over the past two years have forced Moscow to apply temporary gasoline ...

Russia is set to spend 6.3% of its GDP on defense this year — a post-Cold War high.

The flow of goods in Manzhouli, China’s main border crossing with Russia, underscores increasingly close ties between the two ...

Vehicle sales have been hit hard by stricter rules on car loans and high interest rates imposed by Moscow amid economic ...

At this year’s St. Petersburg Economic Forum—a once-prestigious event that has grown increasingly insular—Russian economic ...

Russia's largest truck manufacturer, Kamaz, will reduce its working week to four days starting Aug. 1 due to a dramatic ...