Sberbank chief German Gref said Russia could soon face recession if the key interest rate is not cut drastically.

Russia Could Be Headed for Recession Russia could be teetering on the edge of a recession as it straddles the double-edged ...

Sberbank CEO German Gref, one of Russia's most powerful bankers, warned on Thursday that the economy was stagnating and that ...

Speaking at the Eastern Economic Forum in the Russian city of Vladivostok, German Gref, who runs Sberbank, said that Russia ...

Now almost three weeks after his high-stakes Alaskan summit with Russian President Vladimir Putin, Trump is growing ...

Russia sees economic growth in 2025 slowing to 1.5%, far below the earlier 2.5% forecast, as high interest rates imposed to ...

Western sanctions against Russia, including the oil price cap, have largely been ineffective in significantly impacting ...

The remarks came before Zelenskyy gathered with European leaders -- the so-called "Coalition of the Willing" -- for further ...

A prominent Russian nationalist and journalist has begun to criticise Putin and his war in Ukraine, raising the spectre of ...

With Russia's economy strained by sanctions and weak oil, investors are betting on a breakthrough deal.

Treasury Secretary Scott Bessent said “all options are on the table” for further sanctions on Russia, as it continues its ...