An energy crisis is already ravaging Russia’s economy, and a banking crisis may soon erupt as a mountain of debt weighs on consumers and businesses. According to a European intelligence report seen by ...

Add Yahoo as a preferred source to see more of our stories on Google. A flag flies above the headquarters of the Russian Central Bank on the day of a key rate-setting meeting in Moscow, Russia, April ...

A new European intelligence assessment warns that Russia's banking system could face an "explosive" crisis if additional Western sanctions target the country's financial sector, as lenders shoulder an ...

Moscow experienced a major shakeup in its top financial ranks this week. Andrei Klepach, chief economist at state development bank VEB and former deputy economy minister, was fired on Sunday. The ...

Add Yahoo as a preferred source to see more of our stories on Google. The chief economist of the Kremlin's top state bank has defied Vladimir Putin and sounded the alarm about Russia's flailing war ...

A prominent Russian state economist was fired after publicly warning that Moscow is losing an economic "war of attrition" with the West and could eventually face a social crisis, as the European Union ...