About half of the country’s federal budget goes toward the fight in Ukraine, money that does little to support its long-term development.

The Russian economy, fueled by the country's military-industrial complex, had long posted growth rates above the European average. Today, however, the country's economic indicators are all in the red.

“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 ...

The Russian economy is entering its deepest crisis in 20 years, which may force the Kremlin to revise its economic policy, formed in the early 2000s, according to the Foreign Intelligence Service of ...

As Moscow's full-scale invasion of Ukraine marks four years, the pressure on Russia's economy is starting to show.

During his December 2025 year-end press conference, Russian President Vladimir Putin acknowledged Russia's economic slowdown, ...

Vladyslav Vlasiuk has spent the past four years pressing Western allies to squeeze the Russian economy through more sanctions. He hopes that 2026 will be the tipping point.

Migrant workers from India are cleaning streets and removing snow in the major northwestern city of St Petersburg, Russian outlet Fontanka has reported ...

Russia launched its full-scale invasion of Ukraine four years ago, and the fighting continues. Here's a look at where the war stands today.