Vladimir Putin is facing growing criticism from Russian businesses as sanctions hit firms amid the country's war with Ukraine ...

The Russian ruble has been declining steadily and reached a 17-month low this week, tumbling past 100 rubles to the U.S. dollar. This gives the ruble less value than a single American cent and ...

Russia's Central Bank announced that Sberbank, as well as two other financial institutions—Tbank and Tochka Bank, had officially joined the country's digital ruble pilot program. Newsweek has ...

Russia's rate of inflation ticked up in November as the value of the ruble plummeted to lows not seen since the start of the Ukraine offensive, official data showed Wednesday. The Kremlin has ...

The Russian economy, surprisingly resilient through two-plus years of war and sanctions, has suddenly begun to show serious strains. The ruble is plunging. Inflation is soaring, and President ...