Russia media reported Economy Minister Maxim Reshetnikov delivered the warning at the St. Petersburg International Economic Forum, the annual event designed to court investors.

Russia, which has been at war with Ukraine for over three years, finds itself on precarious economic footing. The country's ...

Russian economy has shown signs of transition from stagnation to correction, possibly to the beginning of recession, one of ...

Russia's economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls ...

Russian Economy Minister Maxim Reshetnikov has stated that, based on current business sentiment, Russia is on the verge of ...

Russia this month cut interest rates for the first time since 2022, easing borrowing costs to 20% from 21%. But for months, ...

President Vladimir Putin’s top economic officials openly argued over the state of Russia’s economy during a session at a ...

Euro Pacific Asset Management Chief Economist Peter Schiff warned of stagflation and possible hyperinflation, arguing higher ...

In the best case scenario, the legislature is projected to face a $700 million hole next year if it wants to maintain its ...

Annuities can offer some protection during a recession — if you choose wisely. Fixed annuities are the safest bet for ...

Respondents continue to forecast weaker growth and higher inflation than they did at the beginning of the year.