While debt contributed to the economic struggles of Tsarist Russia, it was not the primary cause of the Bolshevik Revolution.
Russia, grappling with a severe manpower shortage, has introduced a new recruitment incentive by offering to forgive debts of up to approximately $95,000 for soldiers joining the military.
Russia's largest telecoms operator MTS said on Friday it would cut around 2% of staff and abandon high-cost mergers and acquisitions as it seeks to reduce its debt burden while interest rates are at ...
The head of Russia's second-largest bank VTB, who is reputedly close to President Vladimir Putin, tells Le Monde in an ...
Squeezed by Western sanctions and soaring interest rates, Russia’s businesses fear bankruptcies as President Vladimir Putin pushes ahead with the Ukraine war.
Russia's largest telecoms operator MTS said on Friday it would cut around 2% of staff and abandon high-cost mergers and acquisitions as it seeks to reduce its debt burden while interest rates are ...
Russian President Vladimir Putin signed a law forgiving up to $95,835 in debt for new army recruits who sign at least one-year contracts to fight in Ukraine. This measure, effective from December ...
Turkey is exploring several alternatives to process gas payments to Russia following Washington's sanctions on Gazprombank ...
Germany will reduce federal debt sales by 13% next year as the government scales back despite a sputtering economy and ...