Russia’s economy is teetering on the brink of recession after nearly 45 months of war in Ukraine, with top officials now openly warning of the mounting challenges. -The Kremlin faces a ballooning budget deficit,

Russia's economy is cooling, with a top minister suggesting it's on the verge of a recession amid record-high defense spending and sanctions.

Russian President Vladimir Putin has been warned that his country is on the brink of recession as the price of potatoes soars and fails to meet high demand, with the economic impact potentially hamper

The Russian economic engine is showing clear signs of exhaustion — a reality the Kremlin is beginning to acknowledge. The military-driven boom of 2023 and 2024 is now in the past

Russia's federal budget received 132 billion rubles from property sales.

Speaking at a forum session, Reshetnikov said Russia was “on the brink,” and whether the country would slide into a recession or not depends on the government’s actions.

Russian Economy Minister Maxim Reshetnikov has stated that, based on current business sentiment, Russia is on the verge of falling into recession.

This article was originally published by Radio Free Europe/Radio Liberty and is reprinted with permission. At Russia’s annual marquee event for business

Russian officials are telegraphing a slowdown of the country’s war economy -- the first major slump since the launch of the Kremlin’s invasion of Ukraine more than 40 months ago. What it means ...

Russia’s economy is teetering on the brink of recession as the war in Ukraine continues to drain its resources. -Top Russian officials, including the head of the Central Bank, have issued rare public warnings about the country’s dire economic situation.