The Russian ruble was 110 to the U.S. dollar on Friday, and while this is not the lowest level it has reached in recent weeks ...

Industrial production has screeched to a halt in Transnistria, a breakaway region of Europe, after Russian gas flows through ...

This is due to the inflationary effects of the depreciation, labour shortages and high government spending. It comes as Putin ...

The president-elect has said he will use sanctions sparingly while vowing to end the war in Ukraine, renewing questions over ...

A thousand days of Ukrainian resistance during the full-scale war and Western sanctions have left their mark on Russia's ...

In March 2022, as Russia's invasion of Ukraine was unfolding, U.S. President Joe Biden said that Western sanctions were ...

Russia's economy will be under major strain in 2025, economists told BI. One said stagnation was similar to the USSR at the ...

Moscow breakaway region of Transnistria halted almost all industrial activity except for food production, following the end ...

Russian gas has stopped passing through Ukraine after a five-year deal expired, leaving Moldova at risk of a crisis.

The tsarist Russian army, having exhausted the Prussians, was on the march and threatening Berlin. But then the unthinkable happened: Empress Elizabeth of Russia died, and her Prussophile successor, ...

Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin pushes ahead with the Ukraine war.

The European Union should consider taking bolder steps such as confiscating frozen Russian central bank assets to compensate ...