Sberbank CEO German Gref said Russia is so fixated on fighting inflation that it's forgetting about economic growth.

U.S. Treasury Secretary Scott Bessent said that Vladimir Putin’s envoy Kirill Dmitriev is a Russian propagandist who lies ...

On Wednesday, US President Donald Trump imposed Ukraine-related sanctions on Russia for the first time in his second term.

The Vienna Institute for International Economic Studies found Russia’s growth has slumped due to sky-high interest rates.

The impact of President Donald Trump’s attempt to financially choke Moscow’s war machine by imposing sanctions on Russian oil firms was instant; not on the battlefield in Ukraine, but in the offices ...

The Kremlin on Wednesday pushed back at U.S. President Donald Trump's warning that the Russian economy was going to collapse, ...

Days after canceling a planned summit with Putin, citing a lack of progress toward ending the war in Ukraine, Trump took a ...

Also last month, Sberbank CEO German Gref, one of Russia’s top banking chiefs, said the economy was in “technical stagnation, ...

Russia's GDP growth is expected to fall short of the 2% annual growth target required to cover defense, security, social ...

The United States has prepared additional sanctions that could be imposed on key sectors of the Russian economy if Kremlin ...

She worked at Russia’s central bank until early 2022. To sustain its war against Ukraine, Russia militarized its economy. Although—contrary to popular belief abroad—the Russian economy is not on a ...

"The Russian economy is a wartime economy. Growth is virtually zero," U.S. Treasury Secretary Scott Bessent told CBS News.