“The body is metabolizing its own muscle tissue for energy,” Prokopenko said.

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 ...

Russia’s economy has reached the limits of wage growth, according to Dmitry Belousov, deputy head of the Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF), a research institute ...

Add Yahoo as a preferred source to see more of our stories on Google. Russian President Vladimir Putin is moving to extract more taxes as the country's wartime economy falters. Consumers and tech face ...

Oil and gas exports have sustained Russia's finances throughout its war against Ukraine. But as the fourth anniversary of the full-scale invasion approaches, those cash flows have suddenly dwindled to ...

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.

The peripheral, energy-rich areas of Russia are bearing the brunt of the human and economic costs of the Ukraine War. As Russia’s full-scale invasion of Ukraine approaches its fourth year, Moscow’s ...

Russia's central bank Friday lowered its key interest rate for a sixth consecutive meeting of its policymakers, but continues to restrain a slowing economy as President Vladimir Putin's costly war on ...