Russia ran a budget deficit of 3.2 trillion roubles ($39.6 billion), or 1.5% of gross domestic product, in the first four ...

Russia's finance ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) on Wednesday from 0 ...

The Russian economy is in an increasingly precarious state as a result of a shift to a war mode and of Western sanctions over ...

The UK intelligence service has said that the sharp decline in oil prices threatens Russia's ability to finance its planned ...

World no. 3 Carlos Alcaraz will play in his first quarter-final at the Rome Masters. The young Spaniard faced Karen Khachanov ...

The Russian government plans to use its fiscal reserves for 447 billion rubles ($5.51 billion), or about one-tenth of its ...

But Russian officials have highlighted that the country's overall deficit was 2.09 trillion rubles (£19.2billion) less than during the same period last year. "According to the preliminary ...

Russia had originally projected an additional 1.8 trillion rubles in oil and gas revenue would be funneled into the wellbeing ...

According to China's General Administration of Customs, Russia-China trade reached a record $244.8 billion in 2024, up 1.9 ...

MOSCOW (Reuters) -Russia ran a budget deficit of 3.2 trillion roubles ($39.59 billion), or 1.5% of gross domestic product, in the first four months of the year, the finance ministry said on ...

However, the expected budget deficit has tripled, going from 0.5% to 1.7% of GDP. Despite this, the intelligence community writes that Russia prioritises high military spending to the detriment of ...

BUCHAREST (Reuters) -Romania's hard-right presidential frontrunner George Simion "categorically" ruled out tax hikes if he ...