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Belarus took further emergency steps on Thursday to defend itself from economic turmoil in Russia, devaluing its currency by around 7 percent for the second time this week.

Russia's Finance Ministry sold $80 million in forex market interventions on Dec. 29, the Central Bank said on Wednesday.

Russia's Finance Ministry sold $80 million in forex market interventions on Dec. 26, the Central Bank said Tuesday.

Vladimir Putin wants to have his dollars, spend them too, and invade Ukraine.That's impossible, of course, but he's trying to make it a little less so with some financial legerdemain that covers up what's really going on. Putin, you see, is forcing Russia's companies to spend their dollars instead—but Russia's ...

Russia will introduce a duty on wheat exports from Feb. 1, the government said, adding to other restrictions with which it is battling a rise in domestic grain prices.

Russia has said it will from February apply a duty of at least 35 euros ($43) per tonne of wheat sent for export as it tries to lower prices on its domestic market, hit by the ruble's fall.

Russian President Vladimir Putin ordered his government on Wednesday to rein in rising vodka prices, as he battles to preserve his popularity amid an aggravating economic crisis. Putin told a meeting with government officials and regional governors that expensive vodka prices encourage the production of bootleg spirits, which carry greater ...

Country’s central bank to take firms’ foreign debts as collateral; S&P could downgrade Russia to junk

The announcement was the first open acknowledgment that the Kremlin would use its controlling votes on the boards of directors of major companies to force economic policy decisions.

The Russian government told large state exporting companies on Tuesday that by March 1 they must bring their net foreign exchange assets back to the levels of Oct. 1.

WASHINGTON - Russia is starting to backslide on its commitments to become a fully-fledged member of the global economy and trading community, the United States' trade office said on Monday.

Move aimed at preventing price volatility and shortages

A recap of Russia's economic year makes grim reading.

Russian Energy Minister Aleksandr Novak considers Turkey to be a reliable partner for the delivery of Russian natural gas to Europe, he said in a live TV interview

China is willing to help Russia if needed but believes that the country has the ability to overcome its current economic problems, Chinese Foreign Minister Wang Yi reportedly said.

BEIJING - China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling ruble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday.

IKEA, the world's biggest furniture retailer, said on Saturday it had resumed selling kitchen furniture and appliances in Russia after suspending sales on Thursday as it was not able to meet increased demand.

For most Russians, the week ended with relief: after trading at unbelievable levels of 80 to the dollar and 100 to the euro

MOSCOW - Deep recession, skyrocketing prices and a fragile banking system: although the ruble seems to have stabilised after its abysmal drop this past week, Russia still faces the heavy consequences of the turbulence.

France, Denmark raise questions over whether Russia is feeling too much pain.

New US legislation authorising sanctions on Russia over the Ukraine crisis could undermine relations between Moscow and Washington for a long time, Lavrov reportedly said