Russian minister Maxim Reshetnikov has warned that the country's economy was teetering "on the brink of recession".

In June, Russia's manufacturing Purchasing Managers' Index sank to 47.5 — its sharpest pace of contraction since March 2022, according to S&P Global.

Key Points and Summary – Russia’s economy is teetering on the brink of recession after nearly 45 months of war in Ukraine, with top officials now openly warning of the mounting challenges.

Russia’s economy is at risk of cooling down excessively amid a prolonged period of high interest rates and could face challenges returning to a growth path, a top executive at Russia's largest ...

Russia's economy, retooled for war, is now showing signs of significant slowdown and heading towards a recession, ... 16 hours PJM Issues Grid Alert Amidst Soaring Temperatures.

MINSK, 28 June (BelTA) – European countries are constantly writing Russia off, although they themselves are experiencing great challenges in economy and are on the brink of survival, TASS reports.

Russia and Mongolia have discussed issues related to air service, the Russian Transport Ministry said. ... Investments in Russian economy to continue growing in 2025 — Central Bank.