Last week, the European Union agreed on its 18th package of sanctions against Russia, which included a ban on the import of refined oil products derived from Russian crude. Whether this bolsters calls ...

Russia's Minister of Economic Development, Maxim Reshetnikov, acknowledged at the St. Petersburg International Economic Forum ...

Oil prices declined in early Asian trading on Tuesday as markets assessed that European sanctions on Russia would have a ...

The European Union's latest effort to restrict Russia's oil revenue is unlikely to hurt Moscow's war effort severely, leaving ...

The Russian economy is said to be facing recession as the Kremlin tries to "disguise and dismiss" the impact of sanctions.

MoneyWatch: Russia's currency bounces back despite sanctions 04:06. A month into the most severe and coordinated sanctions by Western governments, Russia's economy is showing signs of cracking.

Russia’s ties to the global economy are rapidly unwinding as crushing sanctions and the Kremlin’s response upend decades of post-Soviet reforms. The Kremlin announced strict … ...

Ultimately, the impact could be higher food costs, experts say. ... Russia’s $1.48 trillion economy is so small in comparison to Europe’s roughly $18 trillion GDP ...

Russia has weathered sweeping economic sanctions over the Ukraine war better than many expected, ... we are talking about gradual changes to the economy.” He said the real impact would be long-term.

In the case of Russia, though, the second-biggest player in the global economy, which is China, is not only not participating in the sanctions but is actually helping weaken their impact.

Russia’s New Economic Data Is Inconsistent on Impact of War and Sanctions Figures published by Moscow don’t track private-sector surveys that show a sharp contraction in Russian manufacturing By ...

The events of the past few weeks regarding the Russian invasion of Ukraine have certainly had an effect on the markets and the economy as a whole. While markets don’t Russia’s Impacts on the ...