Russia’s economy has fallen into a trap of problem loans that could ultimately trigger a collapse. The issue is being ...
Russia's Human Rights Commissioner Tatyana Moskalkova suggested writing off the debts of Russians who have fought in Ukraine, Russian state-run media TASS reported on Nov. 15, citing her comments at ...
Russia's second largest bank VTB maintained its net profit target of 500 billion roubles ($6.4 billion) for 2025 after ...
Russia's government has ordered Russian Railways to sell a 62-floor central Moscow skyscraper to help the railway monopoly pay off some of its $50 billion debt, three sources told Reuters.
Moscow issues most of its debt locally, in rubles. (Dimitar Dilkoff/Agence France-Presse/Getty Images) The Biden administration said it is targeting Russia's sovereign-debt markets as part of a ...
Russian President Vladimir Putin signed a law on debt forgiveness for certain recruits on Saturday. It allows for up to $96,000 in debt forgiveness for those who sign a minimum one-year contract to ...
By Ben Aris in Berlin Russia's federal budget will remain in deficit through at least 2042, according to a long-term forecast from the Ministry of Economic Development, reviewed by Vedomosti on ...
Financing via China's yuan is becoming more expensive for Russian companies. Short-term borrowing costs for the yuan briefly soared to 15.7% at the start of March. Pricey yuan debt could be painful ...
MOSCOW (Reuters) -Russia's government is discussing different ways to prop up Russian Railways, the country's biggest commercial employer, which has built up a 4 trillion rouble ($50.8 billion) debt ...
Russia is barreling toward a default on its foreign debt payments, threatening to plunge its economy deeper into crisis. Defaults are murky territory in global economics, and Russia's situation is ...
A Russian mother of two told local media that officials suggested she join the military. Olga, a single mother, said she received a letter after she couldn't pay off a bank loan. The woman said she ...
As the Russian president noted, private foreign debt has also contracted as companies are repaying all loans taken in foreign financial organizations MOSCOW, December 14. /TASS/. Russia’s foreign debt ...