Russia

Europe imports more Russian gas, aiding wartime economy, report finds

When addressing Congress for the first time as US president on March 4, Donald Trump said, “Europe has sadly spent…

Russian Inflation Hit 2-Year High in February

Russia's annual inflation rate jumped above 10% in February to its highest level in two years, despite aggressive interest rate…

Russian Discount Retailer Fix Price Expanding to Serbia

Russian discount retailer Fix Price plans to open stores in Serbia later this year, the Kommersant business newspaper reported Wednesday, citing job…

Putin Authorizes U.S. Hedge Fund to Buy Russian Securities

Russian President Vladimir Putin authorized a U.S. hedge fund to purchase securities in Russian companies from 11 other funds, mostly…

Russia’s Superjet Airliner Completes First Test Flight With Domestic Engine

Russia’s Superjet airliner completed its first test flight using the domestically produced PD-8 engine, state defense and industrial conglomerate Rostec announced Monday.…

Russia’s Budget Deficit Grows to 1.3% of GDP in January-February

Russia’s budget deficit for the first two months of 2025 reached 2.7 trillion rubles ($31.6 billion), driven by a 30.6%…

U.S. Chamber of Commerce in Russia Pushes to Lift Aviation Sanctions

The American Chamber of Commerce in Russia (AmCham Russia) is calling for the removal of sanctions on the country’s aviation…