Almost all women get manicures now,” one resident said. “We even got a private dog grooming service in our town, now that’s a ...

Russian military spending has propped up the country’s output and dulled the effect of Western sanctions. If a peace deal is ...

Russia is launching its largest conscription drive in more than a decade, expanding its military as talks stall over a ...

TATIANA STANOVAYA is a Senior Fellow at the Carnegie Russia Eurasia Center and the Founder and CEO of the political analysis ...

Donald Trump has stated a desire to increase trade with Russia while imposing tariffs to reduce trade with other nations.

Against the odds, the Russian economy has weathered the war. The next economic storm on the horizon: peace.

a former Russian central-bank official who is now a fellow at the Carnegie Russia Eurasia Center. “A peace deal will be another shock for the economy, but a manageable shock." But maintaining ...

Russia’s real economy also has plenty of room for investment. Its aviation and electrical industries need a revamp. Car and logistics firms lack machines and money. Vostok Oil, in Russia’s ...

Europe increased its imports of Russian gas last year, says Ember, putting billions into Putin’s Ukraine war chest.

Notably, vodka prices rose by 3.7%, cucumbers by 8.6%, and subway fares by 8.2%. The central bank's decision to maintain the ...

Russia's Central Bank has refused to cut interest ... and has sent shockwaves through the business community. Many companies are now struggling to pay back bank loans, as they fight to survive.