The dollar and euro shipments come from close allies of Russia, including the United Arab Emirates and Turkey. These are the countries wher...

Runaway inflation, big interest rates hikes, the Russian invasion of Ukraine and the unknown effects of the Federal Reserve's quantitative ...

The index compiled by the Munich-based Ifo institute dropped to 84.3 in September from 88.5 in August, to its lowest level since the global...

“The world may soon be teetering on the edge of a global recession, only two years after the last one,” Pierre-Olivier Gourinchas, the IMF’...

Many developing countries will face mass protests, arising not just out of rising global prices but balance of payments crises and bad dome...

The good news is that the worst inflation may be behind us. The bad news is that this is being caused by a recession.

President Vladimir Putin says Russia's economy has managed to weather the barrage of unprecedented sanctions imposed since he sent troops t...

After a dismal start to the year for stocks that saw the S&P 500 fall into a correction, commonly referred to as a drop of more than 10% fr...

IMF's Managing Director Georgieva also said that a Russian sovereign default is no longer an "improbable event" because the economic sancti...

Stripping Russia of its favored nation status paves the way for the United States and its allies to impose tariffs on a wide range of Russi...

Russia is out of recession and its economy will grow by two percent in the fourth quarter owing to a rise in oil prices, Finance Minister A...

GAZ group, Russia's second-largest carmaker, will slash 14,000 jobs by the end of the year, the social development ministry was quoted as s...

Russia will start fully emerging from recession in the third quarter, Finance Minister Alexei Kudrin said on Tuesday, after an economic cri...

Russia is likely emerging from its deep recession, a top governmental official said Monday, noting an improvement in the latest economic ou...

Russia has entered recession, confirming fears that the global slowdown will exact a heavy toll on its economy. Countries in recession | Gh...

Russia's energy minister said that the country may coordinate oil production cuts with OPEC to help stem the slide in crude oil prices.

A key strategic plan prepared by Prime Minister Vladimir Putin for Russia's foreign and economic ties in the next decade has identified Ind...