Problems in the oil sector, a possible banking crisis and consumer woes lie ahead for Russia’s economy as four years of heavy military spending come due.

On Tuesday, one Russian SU-27 fighter jet forced down a U.S. surveillance drone, leading it to crash into the Black Sea. This was the first highly consequential military encounter of the kind that ...

(Bloomberg) -- Russia's crude shipments tumbled to the lowest since July last week, sending the country's gross income from the critical trade to the smallest in around eight months. Four-week average ...

Russians are pulling more cash from banks, partly because of mobile internet outages, the country's central bank has said. The shutdowns, intended to defend against Ukrainian drones, have disrupted ...

(Reuters) - A Ukrainian presidential advisor and peace talks negotiator accused Europe and the United States of having an "irrational fear" of Russia in an interview released on Wednesday by news ...

Growing military cooperation between the Democratic People’s Republic of Korea (DPRK) and Russia has led to a surge of pearl-clutching among the U.S. foreign policy establishment and its allies in the ...

A Russian SU-27 that was downed over Crimea on March 28 may have been the victim of friendly fire due to "the lack of situation awareness and coordination" between Moscow's forces according to the ...

NIZHNY NOVGOROD, 25 June (BelTA) - The Forum of Regions of Belarus and Russia is a driving force behind the development of the Belarus-Russia Union State’s economy, Chairman of the Standing Commission ...

President Biden has made his "biggest blunder" yet by driving China and Russia into a closer strategic partnership through his faulty foreign policy, one expert warned, as Chinese President Xi Jinping ...

Videos released by Russia's state media show Putin driving at night in the city of Mariupol. The clip was "not quite the optics of confident control," one journalist said on Twitter. Putin's ...

The opportunity to exchange driving licenses will first be provided to the Russian nationals who have already received Russian passports, spokesperson for Russia’s traffic police told reporters ...