Russia ran a budget deficit of 5.6 trillion roubles ($72.12 billion), or 2.6% of GDP, in 2025, the Finance Ministry said on ...

The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and ...

Russia's war-driven boom is starting to look hollow from the factory floor and the front line. As troops and industrial workers complain of delayed or missing wages, the Kremlin's promise of stability ...

Russia faces a fuel crisis, with gasoline prices rising over 30 percent due to Ukrainian drone strikes on refineries. The economy is slowing, with GDP contracting and inflation nearing 10 percent, ...

Russia ran a budget deficit of 5.6 trillion roubles ($72.12 billion), or 2.6% of GDP, in 2025, the Finance Ministry ...