Assets of many Western companies were expropriated and those of some major Russian businesses were seized by the state.

A slowdown exposes the limits of the country’s wartime economy and suggests sanctions may finally be taking a toll.

Russia's federal budget received 132 billion rubles from property sales.

Flattery and pressure — coupled with President Trump’s growing dissatisfaction with President Vladimir V. Putin — have helped ...

Fortress Russia’ uses a host of mechanisms to take major assets as Moscow weathers Western attempts to sink its economy.

The Russian economic engine is showing clear signs of exhaustion — a reality the Kremlin is beginning to acknowledge. The ...

Russia's new sanctions-busting method is "netting," an accounting tactic.

Households are turning to the typically affordable food option as their incomes shrink, driving up demand while harvests ...

The U.S. secretary of state met with his Russian counterpart on the sidelines of a gathering of Southeast Asian nations, ...

Western countries have imposed unprecedented economic sanctions on Russia, yet Putin remains unfazed. Unlike Iran or North ...

For Vladimir Putin, Russians’ appetite for the vegetable has become problematic, however. Shortages have pushed up prices by ...

Russia’s economy was supposed to collapse under Western sanctions, but it didn’t - at least, not immediately. However, new ...