Russia's budget deficit is projected to be 1.5% of gross domestic product (GDP) in 2025, three times the government's target, ...

MOSCOW (Reuters) -Russia's Finance Ministry raised the 2025 budget deficit estimate to 1.7% of gross domestic product (GDP) ...

Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.

The Kremlin said on Monday that Russia would do everything necessary to insulate the world's second largest crude exporter from a global "economic storm" which has sown extreme turbulence in oil ...

Definition of cruelty | Russia’s path | Immediate response. Mercury News reader letters to the editor for May 2, 2025.

In the first 100 days of Trump's second term in the White House, federal courts have slowed or halted some of his most ...

Russia's Economy Ministry has revised its oil price forecast downward for this year and the next two years, reflecting ...

The Trump administration is considering eliminating funding for two key federal programs that help millions of low-income ...

In the first 100 days of Trump's second term, federal courts have delayed his key actions, including ending wars in Ukraine ...

Proceeds from oil and gas sales are the most important cash stream for Russia’s federal budget. Russian revenues from oil and gas plunged by 17% in March from a year earlier, according to data ...