Saudi Arabia could plunge the Russian economy into crisis by flooding the oil market and sending oil prices crashing.

As the table shows, the government continues to rely on its raw materials subsidy to cushion the cost of the war by running a ...

Russia's economy can't afford to win or lose the war in Ukraine, one economist says. That's because Russia can't afford the cost of rebuilding and securing Ukraine. The cost of repairing its own ...

On October 4-5, 2023, the 3rd meeting of the Russia-Philippines Joint Commission on Trade and Economic Cooperation was ...

Russia GDP rose by 42 percent in the first nine months of 2024 despite the ongoing sanctions pressure Russian Prime Minister ...

Impact Link Russia's wartime economy could face a tougher time securing ... referring to a similar event that occurred in 2020. That year, production cut disagreements prompted both nations ...

Russia implements crypto tax system treating digital assets as property, requiring miners to pay taxes on both mining and ...

One analyst suggests the market could see a repeat of the 2020 oil price war. Russia's wartime economy could face a tougher time securing needed oil revenue if Saudi Arabia tanks global crude prices.

Abkhazia is considered by most of the international community as part of Georgia, but it has a strong Russian military ...

But price rises in Russia are eye-watering by comparison – and just one symptom of an economy that is overheating. Butter, some meats, and onions are about 25% more expensive than a year ago ...