China buys Russian oil and gas at steep discounts while supplying Moscow with machinery and electronics as Western sanctions tighten.

In 2024 alone, ENISA, the European Union Agency for Cybersecurity, logged more than 11,000 serious cyber incidents across the European Union.

Oil revenue is a key part of Russia’s economy, allowing President Vladimir Putin to pour money into the war effort against Ukraine without worsening inflation for everyday people and avoiding a currency collapse.

Russia saw a surge in consumer spending after its 2022 invasion of Ukraine, even as sweeping sanctions hit the economy.

The US is preparing a fresh round of sanctions on Russia’s energy sector to increase the pressure on Moscow should President Vladimir Putin reject a peace agreement with Ukraine, according to people familiar with the matter.

MOSCOW (Reuters) -Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to reduce inflation have stifled borrowing, Finance Minister Anton Siluanov told President Vladimir Putin on Wednesday.

Russia's economic growth rate is undergoing an expected slowdown this year, Russian President Vladimir Putin said on Monday. "This year, the growth rate of the Russian economy has passed the expected stage of slowdown.

Amidst economic sanctions, the Russian economy refuses to bend. U.S. sanctions have historically struck fear across global markets. Companies and countries scrambled to avoid being on the wrong side of Washington. Yet despite unprecedented measures against ...

They stressed co-production and co-innovation, expansion of the export basket, finalizing an FTA with the Eurasian Economic Union, and revitalizing connectivity projects.

India gave Russia's leader a warm welcome in his first visit since his country invaded Ukraine. The visit in part signaled India's defiance of the U.S., which has punished New Delhi for buying Russian oil.

Since early December, the Russian ruble has continued to strengthen against global currencies: on Dec. 7, it reached a value of only 76 rubles for one U.S. dollar, a figure unseen since May 2023. It soon dropped to 79 rubles per U.